Maryland Statutes
Title 4 - Bank Deposits and Collections
Subtitle 2 - Collection of Items: Depositary and Collecting Banks

Section 4-201 - Status of Collecting Bank as Agent and Provisional Status of Credits; Applicability of Title; Item Indorsed "Pay Any Bank" - (a) Unless a contrary intent clearly appears and before the...

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

Section 4-203 - Effect of Instructions - Subject to Title 3 concerning conversion of instruments (§ 3-420)...

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

Section 4-205 - Depositary Bank Holder of Unindorsed Item - If a customer delivers an item to a depositary bank...

Section 4-206 - Transfer Between Banks - Any agreed method that identifies the transferor bank is sufficient...

Section 4-207 - Transfer Warranties - (a) A customer or collecting bank that transfers an item...

Section 4-208 - Presentment Warranties - (a) If an unaccepted draft is presented to the drawee...

Section 4-209 - Encoding and Retention Warranties - (a) A person who encodes information on or with respect...

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

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

Section 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...

Section 4-213 - Medium and Time of Settlement by Bank - (a) With respect to settlement by a bank, the medium...

Section 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...

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

Section 4-216 - Insolvency and Preference - (a) If an item is in or comes into the...