• § 11-4-301 - Deferred Posting; Recovery of Payment by Return of Items; Time of Dishonor; Return of Items by Payor Bank
  (a) If a payor bank settles for a demand item other than a documentary draft presented otherwise than for immediate payment over the counter...
• § 11-4-302 - Payor Bank's Responsibility for Late Return of Item
  (a) If an item is presented to and received by a payor bank, the bank is accountable for the amount of: (1) A demand...
• § 11-4-303 - When Items Subject to Notice, Stop-Payment Order, Legal Process, or Setoff; Order in Which Items May Be Charged or Certified
  (a) Any knowledge, notice, or stop-payment order received by, legal process served upon, or setoff exercised by a payor bank comes too late to...

Last modified: October 14, 2016