Florida Statutes
Part II - Collection of Items: Depositary and Collecting Banks (Ss. 674.201-674.216)
674.2111 - When bank gives value for purposes of holder in due course.


History.—s. 1, ch. 65-254; s. 29, ch. 92-82.
Note.—s. 4-209, U.C.C.; supersedes s. 674.30; former s. 674.209.

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Structure Florida Statutes

Florida Statutes

Title XXXIX - Commercial Relations

Chapter 674 - Uniform Commercial Code: Bank Deposits and Collections

Part II - Collection of Items: Depositary and Collecting Banks (Ss. 674.201-674.216)

674.201 - Status of collecting bank as agent and provisional status of credits; applicability of chapter; item indorsed “pay any bank.”

674.202 - Responsibility for collection or return; when action timely.

674.203 - Effect of instructions.

674.204 - Methods of sending and presenting; sending directly to payor bank.

674.205 - Depositary bank holder of unindorsed item.

674.206 - Transfer between banks.

674.207 - Transfer warranties.

674.2081 - Presentment warranties.

674.2091 - Encoding and retention warranties.

674.2101 - Security interest of collecting bank in items, accompanying documents, and proceeds.

674.2111 - When bank gives value for purposes of holder in due course.

674.2121 - Presentment by notice of item not payable by, through, or at a bank; liability of drawer or indorser.

674.2131 - Medium and time of settlement by bank.

674.2141 - Right of charge-back or refund; liability of collecting bank; return of item.

674.215 - Final payment of item by payor bank; when provisional debits and credits become final; when certain credits become available for withdrawal.

674.216 - Insolvency and preference.