Collection of Documentary Drafts | Midpage

Collections
Connecticut General Statutes

Part 5

Collection of Documentary Drafts

42a-4-501Handling of documentary drafts; duty to send for presentment and to notify customer of dishonor.42a-4-502Presentment of “on arrival” drafts.42a-4-503Responsibility of presenting bank for documents and goods; report of reasons for dishonor; referee in case of need.42a-4-504Privilege of presenting bank to deal with goods; security interest for expenses.