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    • Legislation USA
    • Delaware Code
    • Title 6 - Commerce and Trade
    • Article 4. Bank Deposits and Collections
    • Part 5. Collection of Documentary Drafts

    Delaware Code
    Article 4. Bank Deposits and Collections
    Part 5. Collection of Documentary Drafts

    § 4-501. Handling of documentary drafts; duty to send for presentment and to notify customer of dishonor. - A bank that takes a documentary draft for collection shall...

    § 4-502. Presentment of “on arrival” drafts. - If a draft or the relevant instructions require presentment “on...

    § 4-503. Responsibility of presenting bank for documents and goods; report of reasons for dishonor; referee in case of need. - Unless otherwise instructed and except as provided in Article 5,...

    § 4-504. Privilege of presenting bank to deal with goods; security interest for expenses. - (a) A presenting bank that, following the dishonor of a...

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