Ask a question on the site
Questions
Lawyers
Blogs
Legislation
Contacts
Become a lawyer
Login Registration
Part 1. General Provisions and Definitions
30-4-101. Short title - 30-4-101. Short title. This chapter shall be known and may...
30-4-102. Applicability - 30-4-102. Applicability. (1) To the extent that items within this...
30-4-103. Variation by agreement -- measure of damages -- action constituting ordinary care - 30-4-103. Variation by agreement -- measure of damages -- action...
30-4-104. Definitions and index of definitions - 30-4-104. Definitions and index of definitions. (1) In this chapter,...
30-4-105. "Bank" -- "depositary bank" -- "intermediary bank" -- "collecting bank" -- "payor bank" -- "presenting bank" - 30-4-105. "Bank" -- "depositary bank" -- "intermediary bank" -- "collecting...
30-4-106. Separate office of a bank - 30-4-106. Separate office of a bank. A branch or separate...
30-4-107. Time of receipt of items - 30-4-107. Time of receipt of items. (1) For the purpose...
30-4-108. Delays - 30-4-108. Delays. (1) Unless otherwise instructed, a collecting bank in...
30-4-109. Repealed - 30-4-109. Repealed. Sec. 230, Ch. 410, L. 1991. History: En....
30-4-110. Payable through or payable at bank -- collecting bank - 30-4-110. Payable through or payable at bank -- collecting bank....
30-4-111. Truncation - 30-4-111. Truncation. (1) "Truncation agreement" means an agreement, clearinghouse rule,...
30-4-112. Statute of limitations - 30-4-112. Statute of limitations. An action to enforce an obligation,...
Part 2. Collection of Items Depositary and Collecting Banks
30-4-201. Presumption and duration of agency status of collecting banks and provisional status of credits -- applicability of chapter -- item endorsed "pay any bank" - 30-4-201. Presumption and duration of agency status of collecting banks...
30-4-202. Responsibility for collection or return -- when action timely - 30-4-202. Responsibility for collection or return -- when action timely....
30-4-203. Effect of instructions - 30-4-203. Effect of instructions. Subject to the provisions of chapter...
30-4-204. Methods of sending and presenting -- sending directly to payor bank - 30-4-204. Methods of sending and presenting -- sending directly to...
30-4-205. Depositary bank holder of unindorsed item - 30-4-205. Depositary bank holder of unindorsed item. If a customer...
30-4-206. Transfer between banks - 30-4-206. Transfer between banks. Any agreed method that identifies the...
30-4-207. Transfer warranties - 30-4-207. Transfer warranties. (1) A customer or collecting bank that...
30-4-208. Security interest of collecting bank in items, accompanying documents, and proceeds - 30-4-208. Security interest of collecting bank in items, accompanying documents,...
30-4-209. When bank gives value for purposes of holder in due course - 30-4-209. When bank gives value for purposes of holder in...
30-4-210. Presentment by notice of item not payable by, through, or at a bank -- liability of secondary parties - 30-4-210. Presentment by notice of item not payable by, through,...
30-4-211. Medium and time of settlement by bank - 30-4-211. Medium and time of settlement by bank. (1) With...
30-4-212. Right of charge-back or refund -- liability of collecting bank -- return of item - 30-4-212. Right of charge-back or refund -- liability of collecting...
30-4-213. Final payment of item by payor bank -- when provisional debits and credits become final -- when certain credits become available for withdrawal - 30-4-213. Final payment of item by payor bank -- when...
30-4-214. Insolvency and preference - 30-4-214. Insolvency and preference. (1) Any item in or coming...
30-4-215. Presentment warranties - 30-4-215. Presentment warranties. (1) If an unaccepted draft is presented...
30-4-216. Encoding and retention warranties - 30-4-216. Encoding and retention warranties. (1) A person that encodes...
Part 3. Collection of Items -- Payor Banks
30-4-301. Deferred posting -- recovery of payment by return of items -- time of dishonor -- return of items by payor bank - 30-4-301. Deferred posting -- recovery of payment by return of...
30-4-302. Payor bank's responsibility for late return of item - 30-4-302. Payor bank's responsibility for late return of item. (1)...
30-4-303. When items subject to notice, stop order, legal process or setoff -- order in which items may be charged or certified - 30-4-303. When items subject to notice, stop order, legal process...
Part 4. Relationship Between Payor Bank and Its Customer
30-4-401. When bank may charge customer's account - 30-4-401. When bank may charge customer's account. (1) A bank...
30-4-402. Bank's liability to customer for wrongful dishonor -- time of determining insufficiency of account - 30-4-402. Bank's liability to customer for wrongful dishonor -- time...
30-4-403. Customer's right to stop payment -- burden of proof of loss - 30-4-403. Customer's right to stop payment -- burden of proof...
30-4-404. Bank not obligated to pay check more than 6 months old - 30-4-404. Bank not obligated to pay check more than 6...
30-4-405. Death or incompetence of customer - 30-4-405. Death or incompetence of customer. (1) A payor or...
30-4-406. Customer's duty to discover and report unauthorized signature or alteration - 30-4-406. Customer's duty to discover and report unauthorized signature or...
30-4-407. Payor bank's right to subrogation on improper payment - 30-4-407. Payor bank's right to subrogation on improper payment. If...
Part 5. Collection of Documentary Drafts
30-4-501. Handling of documentary drafts -- duty to send for presentment and to notify customer of dishonor - 30-4-501. Handling of documentary drafts -- duty to send for...
30-4-502. Presentment of "on arrival" drafts - 30-4-502. Presentment of "on arrival" drafts. When a draft or...
30-4-503. Responsibility of presenting bank for documents and goods -- report of reasons for dishonor -- referee in case of need - 30-4-503. Responsibility of presenting bank for documents and goods --...
30-4-504. Privilege of presenting bank to deal with goods -- security interest for expenses - 30-4-504. Privilege of presenting bank to deal with goods --...