California Commercial Code CHAPTER 1 - General Provisions and Definitions

  • Section 4101.
    This division may be cited as Uniform Commercial Code—Bank Deposits and Collections.(Amended by Stats. 1992, Ch. 914, Sec. 7. Effective January 1, 1993.)
  • Section 4102.
    (a) To the extent that items within this division are also within Divisions 3 (commencing with Section 3101) and 8 (commencing with Section 8101), they are...
  • Section 4103.
    (a) The effect of the provisions of this division may be varied by agreement, but the parties to the agreement cannot disclaim a bank’s responsibility for...
  • Section 4104.
    (a) In this division unless the context otherwise requires:(1) “Account” means any deposit or credit account with a bank, including a demand, time, savings, passbook, share draft,...
  • Section 4105.
    In this division:(1) “Bank” means a person engaged in the business of banking, including a savings bank, savings and loan association, credit union, or trust company.(2) “Depositary...
  • Section 4106.
    (a) If an item states that it is “payable through” a bank identified in the item, (1) the item designates the bank as a collecting bank...
  • Section 4107.
    A branch or separate office of a bank is a separate bank for the purpose of computing the time within which and determining the place...
  • Section 4108.
    (a) For the purpose of allowing time to process items, prove balances, and make the necessary entries on its books to determine its position for the...
  • Section 4109.
    (a) Unless otherwise instructed, a collecting bank in a good faith effort to secure payment of a specific item drawn on a payor other than a...
  • Section 4110.
    (a) “Agreement for electronic presentment” means an agreement, clearing house rule, or Federal Reserve regulation or operating circular, providing that presentment of an item may be...
  • Section 4111.
    An action to enforce an obligation, duty, or right arising under this division shall be commenced within three years after the cause of action accrues.(Added...

Last modified: October 22, 2018