Sec. 4102.
(1) To the extent that items within this article are also within articles 3 and 8, they are subject to those articles. If there is conflict, this article governs article 3 but article 8 governs this article.
(2) The liability of a bank for action or non-action with respect to an item handled by it for purposes of presentment, payment, or collection is governed by the law of the place where the bank is located. In the case of action or non-action by or at a branch or separate office of a bank, its liability is governed by the law of the place where the branch or separate office is located.
History: 1962, Act 174, Eff. Jan. 1, 1964 ;-- Am. 1993, Act 130, Eff. Sept. 30, 1993
Structure Michigan Compiled Laws
Chapter 440 - Uniform Commercial Code
Act 174 of 1962 - Uniform Commercial Code (440.1101 - 440.11102)
Article 4 - Bank Deposits and Collections (440.4101...440.4504)
174-1962-4-1 - Part 1 General Provisions and Definitions (440.4101...440.4111)
Section 440.4101 - Uniform Commercial Code—bank Deposits and Collections; Short Title.
Section 440.4102 - Conflict of Laws; Provisions Applicable.
Section 440.4103 - Variation by Agreement; Measure of Damages; Action Constituting Ordinary Care.
Section 440.4104 - Definitions Used in Article.
Section 440.4105 - Additional Definitions.
Section 440.4106 - “Payable Through” and “Payable At” Explained; Bank as Collecting Bank.
Section 440.4107 - Bank Branch or Separate Office as Separate Bank.
Section 440.4108 - Time of Receipt of Items.
Section 440.4109 - Collecting Bank; Waiving, Modifying, or Extending Time Limits; Excuse for Delay.
Section 440.4110 - “Agreement for Electronic Presentment” Defined; Presentment Notice.
Section 440.4111 - Commencement of Action Under Article; Time Period.