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Collection of Documentary Drafts.
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Alaska Statutes
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Bank Deposits and Collections
Collection of Documentary Drafts.
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Section
45.04.501
Handling of documentary drafts; duty to send for presentment and to notify customer of dishonor.
Section
45.04.502
Presentment of “on arrival” drafts.
Section
45.04.503
Responsibility of presenting bank for documents and goods; report of reasons for dishonor; referee in case of need.
Section
45.04.504
Privilege of presenting bank to deal with goods; security interest for expenses.