Any agreed method that identifies the transferor bank is sufficient for the item’s further transfer to another bank.
History. Code 1933, § 109A-4-206, enacted by Ga. L. 1962, p. 156, § 1; Ga. L. 1996, p. 1306, § 6.
Structure Georgia Code
Article 4 - Bank Deposits and Collections
Part 2 - Collection of Items: Depositary and Collecting Banks
§ 11-4-202. Responsibility for Collection or Return; When Action Timely
§ 11-4-203. Effect of Instructions
§ 11-4-204. Methods of Sending and Presenting; Sending Directly to Payor Bank
§ 11-4-205. Depositary Bank Holder of Unindorsed Item
§ 11-4-206. Transfer Between Banks
§ 11-4-207. Transfer Warranties
§ 11-4-208. Presentment Warranties
§ 11-4-209. Encoding and Retention Warranties
§ 11-4-210. Security Interest of Collecting Bank in Items, Accompanying Documents, and Proceeds
§ 11-4-211. When Bank Gives Value for Purposes of Holder in Due Course
§ 11-4-213. Medium and Time of Settlement by Bank
§ 11-4-214. Right of Charge-Back or Refund; Liability of Collecting Bank; Return of Item