Collection of Items: Depositary and Collecting Banks | Midpage

Collections
Alaska Statutes

Article 2

Collection of Items: Depositary and Collecting Banks

45.04.201Status of collecting bank as agent and provisional status of credits; applicability; item endorsed “pay any bank”45.04.202Responsibility for collection or return; when action timely 45.04.203Effect of instructions 45.04.204Methods of sending and presenting; sending directly to payor bank 45.04.205Depositary bank holder of unendorsed item 45.04.206Transfer between banks 45.04.207Transfer warranties 45.04.208Presentment warranties 45.04.209Encoding and retention warranties 45.04.210Security interest of collecting bank in items, accompanying documents, and proceeds 45.04.211When bank gives value for purposes of holder in due course 45.04.212Presentment by notice of item not payable by, through, or at a bank; liability of drawer or endorser 45.04.213Medium and time of settlement by bank 45.04.214Right of charge back or refund; liability of collecting bank; return of item 45.04.215Final payment of item by payor bank; when provisional debits and credits become final; when certain credits become available for withdrawal 45.04.216Insolvency and preference