13 Pa.C.S. ch. 42 – Collection of Items: Depositary and Collecting Banks | Midpage

Collections
Pennsylvania Consolidated Statutes

Chapter 42

13 Pa.C.S. ch. 42

Collection of Items: Depositary and Collecting Banks

4201Status of collecting bank as agent and provisional status of credits; applicability of division; item indorsed "pay any bank."4202Responsibility for collection or return; when action timely 4203Effect of instructions 4204Methods of sending and presenting; sending directly to payor bank 4205Depositary bank holder of unindorsed item 4206Transfer between banks 4207Transfer warranties 4208Presentment warranties 4209Encoding and retention warranties 4210Security interest of collecting bank in items, accompanying documents and proceeds 4211When bank gives value for purposes of holder in due course 4212Presentment by notice of item not payable by, through or at a bank; liability of drawer or indorser 4213Medium and time of settlement by bank 4214Right of charge-back or refund; liability of collecting bank; return of item 4215Final payment of item by payor bank; when provisional debits and credits become final; when certain credits become available for withdrawal 4216Insolvency and preference