PocketLaw | Code Of Alabama | Collection of Items: Depositary and

Collection of Items: Depositary and Collecting Banks.

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Section
7-4-201

Status of Collecting Bank as Agent and Provisional Status of Credits, Applicability of Article; Item Indorsed "Pay Any bank."

Section
7-4-202

Responsibility for Collection or Return; When Action Timely.

Section
7-4-203

Effect of Instructions.

Section
7-4-204

Methods of Sending and Presenting; Sending Directly to Payor Bank.

Section
7-4-205

Depositary Bank Holder of Unindorsed Item.

Section
7-4-206

Transfer Between Banks.

Section
7-4-207

Transfer Warranties.

Section
7-4-208

Presentment Warranties.

Section
7-4-209

Encoding and Retention Warranties.

Section
7-4-210

Security Interest of Collecting Bank in Items, Accompanying Documents, and Proceeds.

Section
7-4-211

When Bank Gives Value for Purposes of Holder in Due Course.

Section
7-4-212

Presentment by Notice of Item Not Payable By, Through, or at Bank; Liability of Drawer or Indorser.

Section
7-4-213

Medium and Time of Settlement by Bank.

Section
7-4-214

Right of Charge-Back or Refund; Liability of Collecting Bank; Return of Item.

Section
7-4-215

Final Payment of Item by Payor Bank; When Provisional Debits and Credits Become Final; When Certain Credits Become Available for Withdrawal.

Section
7-4-216

Insolvency and Preference.