Florida Statutes Part IV - Relationship Between Payor Bank And Its Customer (Ss. 674.401-674.407)

• 674.401 - When Bank May Charge Customer’s Account.
  (1) 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...
• 674.402 - Bank’s Liability To Customer For Wrongful Dishonor; Time Of Determining Insufficiency Of Account.
  (1) Except as otherwise provided in this chapter, a payor bank wrongfully dishonors an item if it dishonors an item that is properly payable, but a...
• 674.403 - Customer’s Right To Stop Payment; Burden Of Proof Of Loss.
  (1) 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...
• 674.404 - Bank Not Obliged To Pay Check More Than 6 Months Old.
  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...
• 674.405 - Death Or Incompetence Of Customer.
  (1) 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...
• 674.406 - Customer’s Duty To Discover And Report Unauthorized Signature Or Alteration.
  (1) 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...
• 674.407 - Payor Bank’s Right To Subrogation On Improper Payment.
  If a payor bank has paid an item over the order of the drawer or maker to stop payment, or after the account has been...

Last modified: September 23, 2016