RELATIONSHIP BETWEEN PAYOR BANK AND ITS CUSTOMER

  1. Law
  2. Maine Revised Statutes
  3. UNIFORM COMMERCIAL CODE
  4. BANK DEPOSITS AND COLLECTIONS
  5. RELATIONSHIP BETWEEN PAYOR BANK AND ITS CUSTOMER

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Section
11 §4-401

When bank may charge customer's account

Section
11 §4-402

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

Section
11 §4-403

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

Section
11 §4-404

Bank not obligated to pay check more than 6 months old

Section
11 §4-405

Death or incompetence of customer

Section
11 §4-406

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

Section
11 §4-407

Payor bank's right to subrogation on improper payment