New York Uniform Commercial Code Law Part 3 - COLLECTION OF ITEMS: PAYOR BANKS

• 4-301 - Deferred Posting; Recovery of Payment by Return of Items; Time of Dishonor.
  Section 4--301. Deferred Posting; Recovery of Payment by Return of Items; Time of Dishonor. (1) Where an authorized settlement for a demand item (other than...
• 4-302 - Payor Bank's Responsibility for Late Return of Item.
  Section 4--302. Payor Bank's Responsibility for Late Return of Item. In the absence of a valid defense such as breach of a presentment warranty (subsection...
• 4-303 - When Items Subject to Notice, Stop-Order, Legal Process or Setoff; Order in Which Items May Be Charged or Certified.
  Section 4--303. When Items Subject to Notice, Stop-Order, Legal Process or Setoff; Order in Which Items May Be Charged or Certified. (1) Any knowledge, notice...

Last modified: February 3, 2019