Depositary and Collecting Banks | Midpage

Collections
Oregon Revised Statutes

Collection of Items

Depositary and Collecting Banks

Depositary and Collecting Banks

74.2010Status of collecting bank as agent and provisional status of credits; applicability of chapter; item indorsed “pay any bank.”74.2020Responsibility for collection; when action timely 74.2030Effect of instructions 74.2040Methods of sending and presenting; presentment 74.2050Depositary bank as holder of unindorsed item 74.2060Transfer between banks 74.2070Warranties of customer and collecting bank on transfer of item; dishonor of item; remedies; when claim accrues 74.2080Presentment warranties; remedies; defenses; payment of dishonored draft; warranty disclaimer not applicable to checks; when warranty claim accrues 74.2090Encoding and retention warranties; remedies 74.2100Security interest of collecting bank in items; priority 74.2110Bank as holder in due course 74.2120Presentment by notice of item not payable by, through or at bank; liability of drawer or indorser 74.2130Medium and time of settlement by bank 74.2140Right of charge-back or refund; liability of collecting bank; return of item 74.2150Final payment of item by payor bank; when provisional debits and credits become final; when certain credits become available for withdrawal 74.2160Insolvency and preference