Collection of Items: Payor Banks

  1. Law
  2. District of Columbia Code
  3. Commercial Instruments and Transactions. [Enacted title]
  4. Uniform Commercial Code
  5. Bank Deposits and Collections
  6. Collection of Items: Payor Banks

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Section
28:4-301

Deferred posting; recovery of payment by return of items; time of dishonor; return of items by payor bank

Section
28:4-302

Payor bank’s responsibility for late return of item

Section
28:4-303

When items subject to notice, stop-payment order, legal process, or setoff; order in which items may be charged or certified

Section
28:4-401

When bank may charge customer’s account

Section
28:4-402

Bank’s liability to customer for wrongful dishonor; time of determining insufficiency of account

Section
28:4-403

Customer’s right to stop payment; burden of proof of loss

Section
28:4-404

Bank not obliged to pay check more than 6 months old

Section
28:4-405

Death or incompetence of customer

Section
28:4-406

Customer’s duty to discover and report unauthorized signature or alteration

Section
28:4-407

Payor bank’s right to subrogation on improper payment

Section
28:4-501

Handling of documentary drafts; duty to send for presentment and to notify customer of dishonor

Section
28:4-502

Presentment of “on arrival” drafts

Section
28:4-503

Responsibility of presenting bank for documents and goods; report of reasons for dishonor; referee in case of need

Section
28:4-504

Privilege of presenting bank to deal with goods; security interest for expenses