Florida Statutes Part I - General Provisions And Definitions (Ss. 674.101-674.111)

• 674.101 - Short Title.
  This chapter may be cited as the “Uniform Commercial Code—Bank Deposits and Collections.”History.—s. 1, ch. 65-254; s. 7, ch. 92-82.Note.—s. 4-101, U.C.C.
• 674.102 - Applicability.
  (1) To the extent that items within this chapter are also within chapters 673 and 678, they are subject to those chapters. If there is conflict,...
• 674.103 - Variation By Agreement; Measure Of Damages; Action Constituting Ordinary Care.
  (1) The effect of the provisions of this chapter may be varied by agreement, but the parties to the agreement cannot disclaim a bank’s responsibility for...
• 674.104 - Definitions And Index Of Definitions.
  (1) In this chapter, unless the context otherwise requires, the term:(a) “Account” means any deposit or credit account with a bank, including a demand, time, savings, passbook,...
• 674.105 - “bank”; “depositary Bank”; “payor Bank”; “intermediary Bank”; “collecting Bank”; “presenting Bank.”
  In this chapter, the term:(1) “Bank” means a person engaged in the business of banking, including a savings bank, savings and loan association, credit union, or...
• 674.1061 - Payable Through Or Payable At Bank; Collecting Bank.
  (1) If an item states that it is “payable through” a bank identified in the item:(a) The item designates the bank as a collecting bank and does...
• 674.1071 - Separate Office Of Bank.
  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...
• 674.1081 - Time Of Receipt Of Items.
  (1) 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...
• 674.1091 - Delays.
  (1) 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...
• 674.1101 - Electronic Presentment.
  (1) The term “agreement for electronic presentment” means an agreement, clearinghouse rule, or Federal Reserve regulation or operating circular, providing that presentment of an item may...
• 674.111 - Statute Of Limitations.
  Chapter 95 governs when an action to enforce an obligation, duty, or right arising under this chapter must be commenced.History.—s. 18, ch. 92-82.

Last modified: September 23, 2016