12 CFR 210.8 - Presenting noncash items for acceptance.
(a) A Reserve Bank or a subsequent collecting bank may, if instructed by the sender, present a noncash item for acceptance in any manner authorized by law if—
(b) Documents accompanying a noncash item shall not be delivered to the payor upon acceptance of the item unless the sender specifically authorizes delivery. A Reserve Bank shall not have or assume any other obligation to present or to send for presentment for acceptance any noncash item.
[62 FR 48172, Sept. 15, 1997]
Title 12 published on 2014-01-01
no entries appear in the Federal Register after this date.