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  1. LII
  2. Uniform Commercial Code
  3. PART 5. COLLECTION OF DOCUMENTATARY DRAFTS

PART 5. COLLECTION OF DOCUMENTATARY DRAFTS

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  • § 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.
‹ § 4-407. PAYOR BANK'S RIGHT TO SUBROGATION ON IMPROPER PAYMENT. up § 4-501. HANDLING OF DOCUMENTARY DRAFTS; DUTY TO SEND FOR PRESENTMENT AND TO NOTIFY CUSTOMER OF DISHONOR. ›

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