Collections
Ohio Revised Code

Chapter 1304

Bank Deposits And Collections

1304.01Definitions - UCC 4-104, 4-105 1304.02Applicability - UCC 4-102 1304.03Variation by agreement - measure of damages - action constituting ordinary care - UCC 4-103 1304.04Separate office of bank - UCC 4-107 1304.05Payable through or payable at bank - UCC 4-106 1304.06Time of receipt of items - UCC 4-108 1304.07Delays - UCC 4-109 1304.08Electronic presentment - UCC 4-110 1304.09Statute of limitations - UCC 4-111 1304.11Status of collecting bank as agent and provisional status of credits - applicability of article - item indorsed pay any bank - UCC 4-201 1304.12Responsibility for collection or return - when action timely - UCC 4-202 1304.13Effect of instructions - UCC 4-203 1304.14Methods of sending and presenting - sending directly to payor bank - UCC 4-204 1304.15Depositary bank holder of unindorsed item - UCC 4-205 1304.16Transfer between banks - UCC 4-206 1304.17Transfer warranties - UCC 4-207 1304.18Presentment warranties - UCC 4-208 1304.19Encoding and retention warranties - UCC 4-209 1304.20Security interest of collecting bank in items, accompanying documents and proceeds - UCC 4-210 1304.21When bank gives value for purposes of holder in due course - UCC 4-211 1304.22Presentment by notice of item not payable by, through, or at bank - liability of drawer or indorser - UCC 4-212 1304.23Medium and time of settlement by bank - UCC 4-213 1304.24Right of charge-back or refund - liability of collecting bank - return of item - UCC 4-214 1304.25Final payment of item by payor bank - when provisional debits and credits become final - when certain credits become available for withdrawal - UCC 4-215 1304.26Insolvency and preference - UCC 4-216 1304.27Deferred posting - recovery of payment by return of items - time of dishonor - return of items by payor bank - UCC 4-301 1304.28Payor bank's responsibility for late return of item - UCC 4-302 1304.29When items subject to notice, stop-payment order, legal process or setoff - order in which items may be charged or certified - UCC 4-303 1304.30When bank may charge customer's account - UCC 4-401 1304.31Bank's liability to customer for wrongful dishonor - time of determining insufficiency of account - UCC 4-402 1304.32Customer's right to stop payment - burden of proof of loss - UCC 4-403 1304.33Bank not obliged to pay check more than six months old - UCC 4-404 1304.34Death or incompetence of customer - UCC 4-405 1304.35Customer's duty to discover and report unauthorized signature or alteration - UCC 4-406 1304.36Payor bank's right to subrogation on improper payment - UCC 4-407 1304.37Handling of documentary drafts - duty to send for presentment and to notify customer of dishonor - UCC 4-501 1304.38Presentment of on arrival drafts - UCC 4-502 1304.39Responsibility of presenting bank for documents and goods - report of reasons for dishonor - referee in case of need - UCC 4-503 1304.40Privilege of presenting bank to deal with goods - security interest for expenses - UCC 4-504 1304.51Definitions - UCC 4A-103, 4A-104, 4A-105 1304.52Application of provisions - UCC 4A-102 1304.53Time payment order is received - UCC 4A-106 1304.54Federal reserve regulations and operating circulars - UCC 4A-107 1304.55Applicability of ORC provisions for consumer transactions governed by federal law - UCC 4A-108 1304.56Security procedure - UCC 4A-201 1304.57Authorized and verified payment orders - UCC 4A-202 1304.58Unenforceability of certain verified payment orders - UCC 4A-203 1304.59Refund of payment and duty of customer to report with respect to unauthorized payment order - UCC 4A-204 1304.60Erroneous payment orders - UCC 4A-205 1304.61Transmission of payment order through funds-transfer or other communication system - UCC 4A-206 1304.62Misdescription of beneficiary - UCC 4A-207 1304.63Misdescription of intermediary bank or beneficiary's bank - UCC 4A-208 1304.64Acceptance of payment order - UCC 4A-209 1304.65Rejection of payment order - UCC 4A-210 1304.66Cancellation and amendment of payment order - UCC 4A-211 1304.67Liability and duty of receiving bank regarding unaccepted payment order - UCC 4A-212 1304.68Execution and execution date - UCC 4A-301 1304.69Obligations of receiving bank in execution of payment order - UCC 4A-302 1304.70Erroneous execution of payment order - UCC 4A-303 1304.71Duty of sender to report erroneously executed payment order - UCC 4A-304 1304.72Liability for late or improper execution or failure to execute payment order - UCC 4A-305 1304.73Payment date - UCC 4A-401 1304.74Obligation of sender to pay receiving bank - UCC 4A-402 1304.75Payment by sender to receiving bank - UCC 4A-403 1304.76Obligation of beneficiary's bank to pay and give notice to beneficiary - UCC 4A-404 1304.77Payment by beneficiary's bank to beneficiary - UCC 4A-405 1304.78Payment by originator to beneficiary - discharge of underlying obligation - UCC 4A-406 1304.79Variation by agreement and effect of funds-transfer system rule - UCC 4A-501 1304.80Creditor process served on receiving bank - setoff by beneficiary's bank - UCC 4A-502 1304.81Injunction or restraining order with respect to funds transfer - UCC 4A-503 1304.82Order in which items and payment orders may be charged to account - order of withdrawals from account - UCC 4A-504 1304.83Preclusion of objection to debit of customer's account - UCC 4A-505 1304.84Rate of interest - UCC 4A-506 1304.85Choice of law - UCC 4A-507