Collection of Items; Depositary and Collecting Banks | Midpage

Collections
Arizona Revised Statutes

Article 2

Collection of Items; Depositary and Collecting Banks

47-4201Status of collecting bank as agent and provisional status of credits; applicability of chapter; item indorsed "pay any bank"47-4202Responsibility for collection or return; when action timely 47-4203Effect of instructions 47-4204Methods of sending and presenting; sending directly to payor bank 47-4205Depositary bank holder of unindorsed item 47-4206Transfer between banks 47-4207Transfer warranties 47-4208Presentment warranties 47-4209Encoding and retention warranties 47-4210Security interest of collecting bank in items, accompanying documents and proceeds 47-4211When bank gives value for purposes of holder in due course 47-4212Presentment by notice of item not payable by, through or at a bank; liability of drawer or indorser 47-4213Medium and time of settlement by bank 47-4214Right of charge-back or refund; liability of collecting bank; return of item 47-4215Final payment of item by payor bank; when provisional debits and credits become final; when certain credits become available for withdrawal 47-4216Insolvency and preference