Florida Statutes Part III - Collection Of Items: Payor Banks (Ss. 674.301-674.303)

• 674.301 - Deferred Posting; Recovery Of Payment By Return Of Items; Time Of Dishonor; Return Of Items By Payor Bank.
  (1) If a payor bank settles for a demand item other than a documentary draft presented otherwise than for immediate payment over the counter before midnight...
• 674.302 - Payor Bank’s Responsibility For Late Return Of Item.
  (1) If an item is presented to and received by a payor bank, the bank is accountable for the amount of:(a) A demand item, other than a...
• 674.303 - When Items Subject To Notice, Stop-payment Order, Legal Process, Or Setoff; Order In Which Items May Be Charged Or Certified.
  (1) Any knowledge, notice, or stop-payment order received by, legal process served upon, or setoff exercised by a payor bank comes too late to terminate, suspend,...

Last modified: September 23, 2016