U.C.C. - ARTICLE 4 - BANK DEPOSITS AND COLLECTIONS (2002)

PART 1. GENERAL PROVISIONS AND DEFINITIONS

  • § 4-101. SHORT TITLE.
  • § 4-102. APPLICABILITY.
  • § 4-103. VARIATION BY AGREEMENT; MEASURE OF DAMAGES; ACTION CONSTITUTING ORDINARY CARE.
  • § 4-104. DEFINITIONS AND INDEX OF DEFINITIONS.
  • § 4-105. "BANK"; "DEPOSITARY BANK"; "PAYOR BANK"; "INTERMEDIARY BANK"; "COLLECTING BANK"; "PRESENTING BANK".
  • § 4-106. PAYABLE THROUGH OR PAYABLE AT BANK; COLLECTING BANK.
  • § 4-107. SEPARATE OFFICE OF BANK.
  • § 4-108. TIME OF RECEIPT OF ITEMS.
  • § 4-109. DELAYS.
  • § 4-110. ELECTRONIC PRESENTMENT.
  • § 4-111. STATUTE OF LIMITATIONS.

PART 2. COLLECTION OF ITEMS: DEPOSITARY AND COLLECTING BANKS

  • § 4-201. STATUS OF COLLECTING BANK AS AGENT AND PROVISIONAL STATUS OF CREDITS; APPLICABILITY OF ARTICLE; ITEM INDORSED "PAY ANY BANK".
  • § 4-202. RESPONSIBILITY FOR COLLECTION OR RETURN; WHEN ACTION TIMELY.
  • § 4-203. EFFECT OF INSTRUCTIONS.
  • § 4-204. METHODS OF SENDING AND PRESENTING; SENDING DIRECTLY TO PAYOR BANK.
  • § 4-205. DEPOSITARY BANK HOLDER OF UNINDORSED ITEM.
  • § 4-206. TRANSFER BETWEEN BANKS.
  • § 4-207. TRANSFER WARRANTIES.
  • § 4-208. PRESENTMENT WARRANTIES.
  • § 4-209. ENCODING AND RETENTION WARRANTIES.
  • § 4-210. SECURITY INTEREST OF COLLECTING BANK IN ITEMS, ACCOMPANYING DOCUMENTS AND PROCEEDS.
  • § 4-211. WHEN BANK GIVES VALUE FOR PURPOSES OF HOLDER IN DUE COURSE.
  • § 4-212. PRESENTMENT BY NOTICE OF ITEM NOT PAYABLE BY, THROUGH, OR AT BANK; LIABILITY OF DRAWER OR INDORSER.
  • § 4-213. MEDIUM AND TIME OF SETTLEMENT BY BANK.
  • § 4-214. RIGHT OF CHARGE-BACK OR REFUND; LIABILITY OF COLLECTING BANK; RETURN OF ITEM.
  • § 4-215. FINAL PAYMENT OF ITEM BY PAYOR BANK; WHEN PROVISIONAL DEBITS AND CREDITS BECOME FINAL; WHEN CERTAIN CREDITS BECOME AVAILABLE FOR WITHDRAWAL.
  • § 4-216. INSOLVENCY AND PREFERENCE.

PART 3. COLLECTION OF ITEMS: PAYOR BANKS.

  • § 4-301. DEFERRED POSTING; RECOVERY OF PAYMENT BY RETURN OF ITEMS; TIME OF DISHONOR; RETURN OF ITEMS BY PAYOR BANK.
  • § 4-302. PAYOR BANK'S RESPONSIBILITY FOR LATE RETURN OF ITEM.
  • § 4-303. WHEN ITEMS SUBJECT TO NOTICE, STOP-PAYMENT ORDER, LEGAL PROCESS, OR SETOFF; ORDER IN WHICH ITEMS MAY BE CHARGED OR CERTIFIED.

PART 4. RELATIONSHIP BETWEEN PAYOR BANK AND ITS CUSTOMER

  • § 4-401. WHEN BANK MAY CHARGE CUSTOMER'S ACCOUNT.
  • § 4-402. BANK'S LIABILITY TO CUSTOMER FOR WRONGFUL DISHONOR; TIME OF DETERMINING INSUFFICIENCY OF ACCOUNT.
  • § 4-403. CUSTOMER'S RIGHT TO STOP PAYMENT; BURDEN OF PROOF OF LOSS.
  • § 4-404. BANK NOT OBLIGED TO PAY CHECK MORE THAN SIX MONTHS OLD.
  • § 4-405. DEATH OR INCOMPETENCE OF CUSTOMER.
  • § 4-406. CUSTOMER'S DUTY TO DISCOVER AND REPORT UNAUTHORIZED SIGNATURE OR ALTERATION.
  • § 4-407. PAYOR BANK'S RIGHT TO SUBROGATION ON IMPROPER PAYMENT.

PART 5. COLLECTION OF DOCUMENTATARY DRAFTS

  • § 4-501. HANDLING OF DOCUMENTARY DRAFTS; DUTY TO SEND FOR PRESENTMENT AND TO NOTIFY CUSTOMER OF DISHONOR.
  • § 4-502. PRESENTMENT OF "ON ARRIVAL" DRAFTS.
  • § 4-503. RESPONSIBILITY OF PRESENTING BANK FOR DOCUMENTS AND GOODS; REPORT OF REASONS FOR DISHONOR; REFEREE IN CASE OF NEED.
  • § 4-504. PRIVILEGE OF PRESENTING BANK TO DEAL WITH GOODS; SECURITY INTEREST FOR EXPENSES.