Rhode Island General Laws
Part 5 - Collection of Documentary Drafts
Section 6A-4-505. - Official Comments.

§ 6A-4-505. Official Comments.
It is the intention of the general assembly that the official comments to this chapter represent the express legislative intent of the general assembly and shall be used as a guide for interpretation of this chapter.
History of Section.P.L. 2000, ch. 238, § 4; P.L. 2000, ch. 421, § 4.

Structure Rhode Island General Laws

Rhode Island General Laws

Title 6A - Uniform Commercial Code

Chapter 6A-4 - Bank Deposits and Collections

Part 5 - Collection of Documentary Drafts

Section 6A-4-501. - Handling of documentary drafts — Duty to send for presentment and to notify customer of dishonor.

Section 6A-4-502. - Presentment of “on arrival” drafts.

Section 6A-4-503. - Responsibility of presenting bank for documents and goods — Report of reasons for dishonor — Referee in case of need.

Section 6A-4-504. - Privilege of presenting bank to deal with goods — Security interest for expenses.

Section 6A-4-505. - Official Comments.