California Commercial Code CHAPTER 4 - Relationship Between Payor Bank and Its Customer

  • Section 4401.
    (a) A bank may charge against the account of a customer an item that is properly payable from that account even though the charge creates an...
  • Section 4402.
    (a) Except as otherwise provided in this division, a payor bank wrongfully dishonors an item if it dishonors an item that is properly payable, but a...
  • Section 4403.
    (a) A customer or any person authorized to draw on the account if there is more than one person may stop payment of any item drawn...
  • Section 4404.
    A bank is under no obligation to a customer having a checking account to pay a check, other than a certified check, which is presented...
  • Section 4405.
    (a) A payor or collecting bank’s authority to accept, pay, or collect an item or to account for proceeds of its collection, if otherwise effective, is...
  • Section 4406.
    (a) A bank that sends or makes available to a customer a statement of account showing payment of items for the account shall either return or...
  • Section 4407.
    If a payor bank has paid an item over the order of the drawer or maker to stop payment, or after an account has been...

Last modified: October 22, 2018