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Collection of Items: Depositary and Collecting Banks.

  1. Law
  2. Alaska Statutes
  3. Trade and Commerce
  4. Bank Deposits and Collections
  5. Collection of Items: Depositary and Collecting Banks.

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Section
45.04.201

Status of collecting bank as agent and provisional status of credits; applicability; item endorsed “pay any bank”.

Section
45.04.202

Responsibility for collection or return; when action timely.

Section
45.04.203

Effect of instructions.

Section
45.04.204

Methods of sending and presenting; sending directly to payor bank.

Section
45.04.205

Depositary bank holder of unendorsed item.

Section
45.04.206

Transfer between banks.

Section
45.04.207

Transfer warranties.

Section
45.04.208

Presentment warranties.

Section
45.04.209

Encoding and retention warranties.

Section
45.04.210

Security interest of collecting bank in items, accompanying documents, and proceeds.

Section
45.04.211

When bank gives value for purposes of holder in due course.

Section
45.04.212

Presentment by notice of item not payable by, through, or at a bank; liability of drawer or endorser.

Section
45.04.213

Medium and time of settlement by bank.

Section
45.04.214

Right of charge back or refund; liability of collecting bank; return of item.

Section
45.04.215

Final payment of item by payor bank; when provisional debits and credits become final; when certain credits become available for withdrawal.

Section
45.04.216

Insolvency and preference.

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