Collections
Montana Code Annotated

Part 2

Collection of Items Depositary and Collecting Banks

30-4-201Presumption and duration of agency status of collecting banks and provisional status of credits -- applicability of chapter -- item endorsed "pay any bank"30-4-202Responsibility for collection or return -- when action timely 30-4-203Effect of instructions 30-4-204Methods of sending and presenting -- sending directly to payor bank 30-4-205Depositary bank holder of unindorsed item 30-4-206Transfer between banks 30-4-207Transfer warranties 30-4-208Security interest of collecting bank in items, accompanying documents, and proceeds 30-4-209When bank gives value for purposes of holder in due course 30-4-210Presentment by notice of item not payable by, through, or at a bank -- liability of secondary parties 30-4-211Medium and time of settlement by bank 30-4-212Right of charge-back or refund -- liability of collecting bank -- return of item 30-4-213Final payment of item by payor bank -- when provisional debits and credits become final -- when certain credits become available for withdrawal 30-4-214Insolvency and preference 30-4-215Presentment warranties 30-4-216Encoding and retention warranties