1. (a) If an item states that it is “payable through” a bank identified in the item, (i) the item designates the bank as a collecting bank and does not by itself authorize the bank to pay the item, and (ii) the item may be presented for payment only by or through the bank.
2. (b) If an item states that it is “payable at” a bank identified in the item, the item is equivalent to a draft drawn on the bank.
3. (c) If a draft names a nonbank drawee and it is unclear whether a bank named in the draft is a codrawee or a collecting bank, the bank is a collecting bank.

See Sec. 42a-4-107 for successor provisions to Sec. 42a-4-106, revised to 1991, re a separate office of a bank.

(1959, P.A. 133, S. 4-106; 1961, P.A. 116, S. 4; 1963, P.A. 526, S. 7; P.A. 91-304, S. 73.)

History: 1961 act added exception re service on bank as garnishee; 1963 act added reference to Art. 3; P.A. 91-304 entirely replaced former provisions re a separate office of a bank with provisions re items “payable through” and “payable at” a bank, a restatement of Secs. 42a-3-120 and 42a-3-121, revised to 1991, and provision re status of bank named in draft which names a nonbank drawee.