New York Uniform Commercial Code Law Part 4 - RELATIONSHIP BETWEEN PAYOR BANK AND ITS CUSTOMER

• 4-401 - When Bank May Charge Customer's Account.
  Section 4--401. When Bank May Charge Customer's Account. (1) As against its customer, a bank may charge against his account any item which is otherwise...
• 4-402 - Bank's Liability to Customer for Wrongful Dishonor.
  Section 4--402. Bank's Liability to Customer for Wrongful Dishonor. A payor bank is liable to its customer for damages proximately caused by the wrongful dishonor...
• 4-403 - Customer's Right to Stop Payment; Burden of Proof of Loss.
  Section 4--403. Customer's Right to Stop Payment; Burden of Proof of Loss. (1) A customer may by order to his bank stop payment of any...
• 4-404 - Bank Not Obligated to Pay Check More Than Six Months Old.
  Section 4--404. Bank Not Obligated to Pay Check More Than Six Months Old. A bank is under no obligation to a customer having a checking...
• 4-405 - Death or Incompetence of Customer.
  Section 4--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...
• 4-406 - Customer's Duty to Discover and Report Unauthorized Signature or Alteration.
  Section 4--406. Customer's Duty to Discover and Report Unauthorized Signature or Alteration. (1) When a bank sends to its customer a statement of account accompanied...
• 4-407 - Payor Bank's Right to Subrogation on Improper Payment.
  Section 4--407. Payor Bank's Right to Subrogation on Improper Payment. If a payor bank has paid an item over the stop payment order of the...
• 4-408 - Rights and Liabilities of Remitter or Payee With Respect to Cashier's Check, Teller's Check and Certified Check.
  Section 4--408. Rights and Liabilities of Remitter or Payee With Respect to Cashier's Check, Teller's Check and Certified Check. (1) This section applies if a...

Last modified: February 3, 2019