- § 11-4-101 - Short Title
This article may be cited as "Uniform Commercial Code -- Bank Deposits and Collections."
- § 11-4-102 - Applicability
(a) To the extent that items within this article are also within Articles 3 and 8 of this title, they are subject to those...
- § 11-4-103 - Variation by Agreement; Measure of Damages; Action Constituting Ordinary Care
(a) The effect of the provisions of this article may be varied by agreement, but the parties to the agreement cannot disclaim a bank's...
- § 11-4-104 - (for Effective Date, See Note.) Definitions and Index of Definitions
(a) In this article, unless the context otherwise requires: (1) "Account" means any deposit or credit account with a bank, including a demand, time,...
- § 11-4-105 - "Bank"; "Depositary Bank"; "Payor Bank"; "Intermediary Bank"; "Collecting Bank"; "Presenting Bank."
In this article: (1) "Bank" means a person engaged in the business of banking, including a savings bank, savings and loan association, credit union,...
- § 11-4-106 - Payable Through or Payable At Bank; Collecting Bank
(a) If an item states that it is "payable through" a bank identified in the item, the item (i) designates the bank as a...
- § 11-4-107 - Separate Office of a Bank
A branch or separate office of a bank, including the location of any agent of a bank receiving items for data processing purposes, is...
- § 11-4-108 - Time of Receipt of Items
(a) For the purpose of allowing time to process items, prove balances, and make the necessary entries on its books to determine its position...
- § 11-4-109 - Delays
(a) Unless otherwise instructed, a collecting bank in a good faith effort to secure payment of a specific item drawn on a payor other...
- § 11-4-110 - Electronic Presentment
(a) "Agreement for electronic presentment" means an agreement, clearing-house rule, or federal reserve regulation or operating circular, providing that presentment of an item may...
- § 11-4-111 - Statute of Limitations
An action to enforce an obligation, duty, or right arising under this article must be commenced within three years after the cause of action
Last modified: October 14, 2016