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§ 28:4–201. Status of collecting bank as agent and provisional status of credits; applicability of article; item indorsed “pay any bank” - (a) Unless a contrary intent clearly appears and before the...
§ 28:4–202. Responsibility for collection or return; when action timely - (a) A collecting bank must exercise ordinary care in: (1)...
§ 28:4–203. Effect of instructions - Subject to Article 3 concerning conversion of instruments (section 28:3-420...
§ 28:4–204. Methods of sending and presenting; sending directly to payor bank - (a) A collecting bank shall send items by a reasonably...
§ 28:4–205. Depositary bank holder of unindorsed item - If a customer delivers an item to a depositary bank...
§ 28:4–206. Transfer between banks - Any agreed method that identifies the transferor bank is sufficient...
§ 28:4–207. Transfer warranties - (a) A customer or collecting bank that transfers an item...
§ 28:4–208. Presentment warranties - (a) If an unaccepted draft is presented to the drawee...
§ 28:4–209. Encoding and retention warranties - (a) A person who encodes information on or with respect...
§ 28:4–210. Security interest of collecting bank in items, accompanying documents, and proceeds - (a) A collecting bank has a security interest in an...
§ 28:4–211. When bank gives value for purposes of holder in due course - For purposes of determining its status as a holder in...
§ 28:4–212. Presentment by notice of item not payable by, through, or at bank; liability of drawer or indorser - (a) Unless otherwise instructed, a collecting bank may present an...
§ 28:4–213. Medium and time of settlement by bank - (a) With respect to settlement by a bank, the medium...
§ 28:4–214. Right of charge-back or refund; liability of collecting bank; return of item - (a) If a collecting bank has made provisional settlement with...
§ 28:4–215. Final payment of item by payor bank; when provisional debits and credits become final; when certain credits become available for withdrawal - (a) An item is finally paid by a payor bank...
§ 28:4–216. Insolvency and preference - (a) If an item is in or comes into the...