Indiana Code
Article 1. Uniform Commercial Code
Chapter 4. Bank Deposits and Collections

26-1-4-101. Short Title - Sec. 101. IC 26-1-4 may be cited as Uniform Commercial...

26-1-4-102. Applicability - Sec. 102. (a) To the extent that items within IC...

26-1-4-102.5. Application of Bank Provisions to Supervised Financial Organizations - Sec. 102.5. (a) As used in this section, "supervised financial...

26-1-4-103. Variation by Agreement; Measure of Damages; Action Constituting Ordinary Care - Sec. 103. (a) The effect of the provisions of IC...

26-1-4-104. Definitions and Index of Definitions - Sec. 104. (a) In IC 26-1-4, unless the context otherwise...

26-1-4-105. "Bank"; "Depositary Bank"; "Payor Bank"; "Intermediary Bank"; "Collecting Bank"; "Presenting Bank" - Sec. 105. In IC 26-1-4: (1) "Bank" means a person...

26-1-4-106. Payable Through or Payable at Bank; Collecting Bank - Sec. 106. (a) If an item states that it is...

26-1-4-107. Separate Office of Bank - Sec. 107. A branch or separate office of a bank...

26-1-4-108. Time of Receipt of Items - Sec. 108. (a) For the purpose of allowing time to...

26-1-4-109. Delays - Sec. 109. (a) Unless otherwise instructed, a collecting bank in...

26-1-4-110. Electronic Presentment - Sec. 110. (a) "Agreement for electronic presentment" means an agreement,...

26-1-4-111. Statute of Limitations - Sec. 111. An action to enforce an obligation, duty, or...

26-1-4-201. Status of Collecting Banks as Agent and Provisional Status of Credits; Applicability of Chapter; Item Endorsed "Pay Any Bank" - Sec. 201. (a) Unless a contrary intent clearly appears and...

26-1-4-202. Responsibility for Collection or Return; When Action Timely - Sec. 202. (a) A collecting bank must exercise ordinary care...

26-1-4-203. Effect of Instructions - Sec. 203. Subject to of IC 26-1-3.1-420 concerning conversion of...

26-1-4-204. Methods of Sending and Presenting; Sending Directly to Payor Bank - Sec. 204. (a) A collecting bank shall send items by...

26-1-4-205. Depositary Bank Holder of Unendorsed Items - Sec. 205. If a customer delivers an item to a...

26-1-4-206. Transfer Between Banks - Sec. 206. Any agreed method that identifies the transferor bank...

26-1-4-207. Transfer Warranties - Sec. 207. (a) A customer or collecting bank that transfers...

26-1-4-208. Presentment Warranties - Sec. 208. (a) If an unaccepted draft is presented to...

26-1-4-209. Encoding and Retention Warranties - Sec. 209. (a) A person who encodes information on or...

26-1-4-210. Security Interest of Collecting Bank in Items, Accompanying Documents, and Proceeds - Sec. 210. (a) A collecting bank has a security interest...

26-1-4-211. When Bank Gives Value for Purposes of Holder in Due Course - Sec. 211. For purposes of determining its status as a...

26-1-4-212. Presentment by Notice of Item Not Payable By, Through, or at Bank; Liability of Drawer or Endorser - Sec. 212. (a) Unless otherwise instructed, a collecting bank may...

26-1-4-213. Medium and Time of Settlement by Bank - Sec. 213. (a) With respect to settlement by a bank,...

26-1-4-214. Right of Charge-Back or Refund; Liability of Collecting Bank; Return of Item - Sec. 214. (a) If a collecting bank has made provisional...

26-1-4-215. Final Payment of Item by Payor Bank; When Provisional Debits and Credits Become Final; When Certain Credits Become Available for Withdrawal - Sec. 215. (a) An item is finally paid by a...

26-1-4-216. Insolvency and Preference - Sec. 216. (a) If an item is in or comes...

26-1-4-301. Deferred Posting; Recovery of Payment by Return of Items; Time of Dishonor; Return of Items by Payor Bank - Sec. 301. (a) If a payor bank settles for a...

26-1-4-302. Payor Bank's Responsibility for Late Return of Item - Sec. 302. (a) If an item is presented to and...

26-1-4-303. When Items Subject to Notice, Stop-Payment Order, Legal Process, or Setoff; Order in Which Items May Be Charged or Certified - Sec. 303. (a) Any knowledge, notice, or stop-payment order received...

26-1-4-401. When Bank May Charge Customer's Account - Sec. 401. (a) A bank may charge against the account...

26-1-4-402. Bank's Liability to Customer for Wrongful Dishonor; Time of Determining Insufficiency of Account - Sec. 402. (a) Except as otherwise provided in IC 26-1-4,...

26-1-4-403. Customer's Right to Stop Payment; Burden of Proof of Loss - Sec. 403. (a) A customer or any person authorized to...

26-1-4-404. Bank Not Obligated to Pay Check More Than Six Months Old - Sec. 404. A bank is under no obligation to a...

26-1-4-405. Death or Incompetence of Customer - Sec. 405. (a) A payor or collecting bank's authority to...

26-1-4-406. Customer's Duty to Discover and Report Unauthorized Signature or Alteration - Sec. 406. (a) A bank that sends or makes available...

26-1-4-407. Payor Bank's Right to Subrogation on Improper Payment - Sec. 407. If a payor bank has paid an item...

26-1-4-501. Handling of Documentary Drafts; Duty to Send for Presentment and to Notify Customer of Dishonor - Sec. 501. A bank that takes a documentary draft for...

26-1-4-502. Presentment of "On Arrival" Drafts - Sec. 502. If a draft or the relevant instructions require...

26-1-4-503. Responsibility of Presenting Bank for Documents and Goods; Report of Reasons for Dishonor; Referee in Case Needed - Sec. 503. Unless otherwise instructed and except as provided in...

26-1-4-504. Privilege of Presenting Bank to Deal With Goods; Security Interest for Expenses - Sec. 504. (a) A presenting bank that, following the dishonor...