New York Uniform Commercial Code Law Part 5 - COLLECTION OF DOCUMENTARY DRAFTS

• 4-501 - Handling of Documentary Drafts; Duty to Send for Presentment and to Notify Customer of Dishonor.
  Section 4--501. Handling of Documentary Drafts; Duty to Send for Presentment and to Notify Customer of Dishonor. A bank which takes a documentary draft for...
• 4-502 - Presentment of "on Arrival" Drafts.
  Section 4--502. Presentment of "On Arrival" Drafts. When a draft or the relevant instructions require presentment "on arrival", "when goods arrive" or the like, the...
• 4-503 - Responsibility of Presenting Bank for Documents and Goods; Report of Reasons for Dishonor; Referee in Case of Need.
  Section 4--503. Responsibility of Presenting Bank for Documents and Goods; Report of Reasons for Dishonor; Referee in Case of Need. Unless otherwise instructed and except...
• 4-504 - Privilege of Presenting Bank to Deal With Goods; Security Interest for Expenses.
  Section 4--504. Privilege of Presenting Bank to Deal With Goods; Security Interest for Expenses. (1) A presenting bank which, following the dishonor of a documentary...

Last modified: February 3, 2019