Collection of Documentary Drafts

  1. Law
  2. Montana Code Annotated
  3. Trade and Commerce
  4. Uniform Commercial Code Bank Deposits and Collections
  5. Collection of Documentary Drafts

Checkout our iOS App for a better way to browser and research.

Section
30-4-501

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

Section
30-4-502

Presentment of "on arrival" drafts

Section
30-4-503

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

Section
30-4-504

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