N.D. Cent. Code ch. 41-04 – Bank Deposits and Collections | Midpage

Collections
North Dakota Century Code

Chapter 41-04

N.D. Cent. Code ch. 41-04

Bank Deposits and Collections

41-04-01(4-101) Short title 41-04-02(4-102) Applicability 41-04-03(4-103) Variation by agreement - Measure of damages - Action constituting ordinary care 41-04-04(4-104) Definitions and index of definitions 41-04-05(4-105) Bank - Collecting bank - Depositary bank - Payor bank - Presenting bank 41-04-06(4-106) Payable through or payable at bank - Collecting bank 41-04-07(4-107) Separate office of bank 41-04-08(4-108) Time of receipt of items 41-04-09(4-109) Delays 41-04-10(4-110) Electronic presentment 41-04-11(4-111) Statute of limitations 41-04-12Construction of chapter - Branch banking 41-04-13(4-201) Agency status of collecting banks and provisional status of credit - Applicability of chapter - Item endorsed pay any bank 41-04-14(4-202) Responsibility for collection or return - When action timely 41-04-15(4-203) Effect of instructions 41-04-16(4-204) Methods of sending and presenting - Sending directly to payor bank 41-04-17(4-205) Depositary bank holder of unendorsed item 41-04-18(4-206) Transfer between banks 41-04-19(4-207) Transfer warranties 41-04-20(4-208) Presentment warranties 41-04-21(4-209) Encoding and retention warranties 41-04-22(4-210) Security interest of collecting bank in items, accompanying documents, and proceeds 41-04-23(4-211) When bank gives value for purposes of holder in due course 41-04-24(4-212) Presentment by notice of item not payable by, through, or at bank - Liability of drawer or endorser 41-04-25(4-213) Medium and time of settlement by bank 41-04-26(4-214) Right of chargeback or refund - Liability of collecting bank - Return of item 41-04-27(4-215) Final payment of item by payor bank - When provisional debits and credits become final - When certain credits become available for withdrawal 41-04-28(4-216) Insolvency and preference 41-04-29(4-301) Deferred posting - Recovery of payment by return of items - Time of dishonor - Return of items by payor bank 41-04-30(4-302) Payor bank's responsibility for late return of item 41-04-31(4-303) When items subject to notice, stop order, legal process, or setoff - Order in which items may be charged or certified 41-04-32(4-401) When bank may charge customer's account 41-04-33(4-402) Bank's liability to customer for wrongful dishonor - Time of determining insufficiency of account 41-04-34(4-403) Customer's right to stop payment - Burden of proof of loss 41-04-35(4-404) Bank not obliged to pay check more than six months old 41-04-36(4-405) Death or incompetence of customer 41-04-37(4-406) Customer's duty to discover and report unauthorized signature or alteration 41-04-38(4-407) Payor bank's right to subrogation on improper payment 41-04-39(4-501) Handling of documentary drafts - Duty to send for presentment and to notify customer of dishonor 41-04-40(4-502) Presentment of on arrival drafts 41-04-41(4-503) Responsibility of presenting bank for documents and goods - Report of reasons for dishonor - Referee in case of need 41-04-42(4-504) Privilege of presenting bank to deal with goods - Security interest for expenses