(a) To the extent that items within this article are also within Articles 3 and 8 of this title, they are subject to those articles. If there is conflict, this article governs Article 3 of this title, but Article 8 of this title governs this article.
(b) The liability of a bank for action or nonaction with respect to an item handled by it for purposes of presentment, payment, or collection is governed by the law of the place where the bank is located. In the case of action or nonaction by or at a branch or separate office of a bank, its liability is governed by the law of the place where the branch or separate office is located.
Section: 11-4-101 11-4-102 11-4-103 11-4-104 11-4-105 11-4-106 11-4-107 11-4-108 11-4-109 11-4-110 11-4-111 NextLast modified: October 14, 2016