COLLECTION OF DOCUMENTARY DRAFTS

  1. Law
  2. Idaho Code
  3. COMMERCIAL TRANSACTIONS
  4. UNIFORM COMMERCIAL CODE — BANK DEPOSITS AND COLLECTIONS
  5. COLLECTION OF DOCUMENTARY DRAFTS

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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.