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UNIFORM COMMERCIAL CODE (EXCERPT) Act 174 of 1962 Part 2
Section 440.4201 Section Agency status of banks; provisional status of credits; applicability of article; endorsement with pay any bank.
Section 440.4202 Section Collecting bank; duties; exercising ordinary care; liability.
Section 440.4203 Section Collecting bank; instructions from transferor.
Section 440.4204 Section Collecting bank; methods of sending items; presentment.
Section 440.4205 Section Depositary bank; item delivered by customer for collection.
Section 440.4206 Section Transfer between banks.
Section 440.4207 Section Warranties of customer and collecting bank on transfer of items; time for claims.
Section 440.4208 Section Presentment of unaccepted or dishonored draft; warranties of person obtaining payment and prior transferor; discharge; accrual of cause of action.
Section 440.4209 Section Electronic presentment; encoding of information and retaining items; warranties; recovery of damages, expenses, and loss of interest.
Section 440.4210 Section Security interest of collecting bank in items, accompanying documents, or proceeds.
Section 440.4210.amended Section Security interest of collecting bank in items, accompanying documents, or proceeds.
Section 440.4211 Section Bank with security interest as holder in due course.
Section 440.4212 Section Presentment by notice of item not payable by, through, or at a bank; treating item as dishonored.
Section 440.4213 Section Settlement; medium and time.
Section 440.4214 Section Right to charge-back or refund.
Section 440.4215 Section Final payment of items by payor bank; final credit; availability of credit for withdrawal.
Section 440.4216 Section Payor or collecting bank; suspension of payments.
