Collection of Documentary Drafts.

  1. Law
  2. Code of Alabama
  3. Commercial Code.
  4. Bank Deposits and Collections.
  5. Collection of Documentary Drafts.

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Section
7-4-501

Handling of Documentary Drafts; Duty to Send for Presentment and to Notify Customer of Dishonor.

Section
7-4-502

Presentment of "On Arrival" Drafts.

Section
7-4-503

Responsibility of Presenting Bank for Documents and Goods; Report of Reasons for Dishonor; Referee in Case of Need.

Section
7-4-504

Privilege of Presenting Bank to Deal With Goods; Security Interest for Expenses.