Maryland Statutes
Title 4 - Bank Deposits and Collections
Subtitle 5 - Collection of Documentary Drafts

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

Section 4-502 - Presentment of "On Arrival" Drafts - If a draft or the relevant instructions require presentment “on...

Section 4-503 - Responsibility of Presenting Bank for Documents and Goods; Report of Reasons for Dishonor; Referee in Case of Need - Unless otherwise instructed and except as provided in Title 5,...

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