Collections
West Virginia Code

4

Bank Deposits and Collections.

46-4-101Short title.46-4-102Applicability.46-4-103Variation by agreement; measure of damages; action constituting ordinary care.46-4-104§46-4–104. Definitions and index of definitions.46-4-105"Bank"; "depositary bank"; "intermediary bank"; "collecting bank"; "payor bank"; "presenting bank."46-4-106Payable through or payable at bank; collecting bank.46-4-107Separate office of a bank.46-4-108Time of receipt of items.46-4-109Delays.46-4-110Electronic presentment.46-4-111Statute of limitations.46-4-201Status of collecting banks as agent and provisional status of credits; applicability of article; item indorsed "pay any bank."46-4-202Responsibility for collection or return; when action timely.46-4-203Effect of instructions.46-4-204Methods of sending and presenting; sending directly to payor bank.46-4-205Depositary bank holder of unindorsed item.46-4-206Transfer between banks.46-4-207Transfer warranties.46-4-208Presentment warranties.46-4-209Encoding and retention warranties.46-4-210Security interest of collecting bank in items, accompanying documents and proceeds.46-4-211When bank gives value for purposes of holder in due course.46-4-212Presentment by notice of item not payable by, through or at a bank; liability of drawer or indorser.46-4-213Medium and time of settlement by bank.46-4-214Right of charge-back or refund; liability of collecting bank; return of item.46-4-215Final payment of item by payor bank; when provisional debits and credits become final; when certain credits become available for withdrawal.46-4-216Insolvency and preference.46-4-301Deferred posting; recovery of payment by return of items; time of dishonor; return of items by payor bank.46-4-302Payor bank's responsibility for late return of item.46-4-303When items subject to notice, stop-payment order, legal process, or setoff; order in which items may be charged or certified.46-4-401When bank may charge customer's account.46-4-402Bank's liability to customer for wrongful dishonor; time of determining insufficiency of account.46-4-403Customer's right to stop payment; burden of proof of loss.46-4-404Bank not obligated to pay check more than six months old.46-4-405Death or incompetence of customer.46-4-406Customer's duty to discover and report unauthorized signature or alteration.46-4-407Payor bank's right to subrogation on improper payment.46-4-501Handling of documentary drafts; duty to send for presentment and to notify customer of dishonor.46-4-502Presentment of "on arrival" drafts.46-4-503Responsibility of presenting bank for documents and goods; report of reasons for dishonor; referee in case of need.46-4-504Privilege of presenting bank to deal with goods; security interest for expenses.