Bank Deposits and Collections.

  1. Law
  2. North Carolina General Statutes
  3. Uniform Commercial Code
  4. Bank Deposits and Collections.

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Section
25-4-101

Short title.

Section
25-4-102

Applicability.

Section
25-4-103

Variation by agreement; measure of damages; action constituting ordinary care.

Section
25-4-104

Definitions and index of definitions.

Section
25-4-105

"Bank"; "depositary bank"; "intermediary bank"; "collecting bank"; "payor bank"; "presenting bank".

Section
25-4-105.1

Payable through or payable at bank; collecting bank.

Section
25-4-106

Separate office of a bank.

Section
25-4-107

Time of receipt of items.

Section
25-4-108

Delays.

Sections
25-4-109

Repealed by Session Laws 1995, c. 232, s. 2.

Section
25-4-110

Electronic presentment.

Section
25-4-111

Statute of limitations.

Section
25-4-201

Status of collecting bank as agent and provisional status of credits; applicability of Article; item indorsed "pay any bank".

Section
25-4-202

Responsibility for collection or return; when action timely.

Section
25-4-203

Effect of instructions.

Section
25-4-204

Methods of sending and presenting; sending directly to payor.

Section
25-4-205

Depositary bank holder of unindorsed item.

Section
25-4-206

Transfer between banks.

Section
25-4-207

Transfer warranties.

Section
25-4-207.1

Presentment warranties.

Section
25-4-207.2

Encoding and retention warranties.

Section
25-4-208

Security interest of collecting bank in items, accompanying documents and proceeds.

Section
25-4-209

When bank gives value for purposes of holder in due course.

Section
25-4-210

Presentment by notice of item not payable by, through, or at a bank; liability of drawer or indorser.

Section
25-4-211

Medium and time of settlement by bank.

Section
25-4-212

Right of charge-back or refund; liability of collecting bank; return of item.

Section
25-4-213

Final payment of item by payor bank; when provisional debits and credits become final; when certain credits become available for withdrawal.

Section
25-4-214

Insolvency and preference.

Section
25-4-301

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

Section
25-4-302

Payor bank's responsibility for late return of item.

Section
25-4-303

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

Section
25-4-401

When bank may charge customer's account.

Section
25-4-402

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

Section
25-4-403

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

Section
25-4-404

Bank not obligated to pay check more than six months old.

Section
25-4-405

Death or incompetence of customer.

Section
25-4-406

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

Section
25-4-407

Payor bank's right to subrogation on improper payment.

Section
25-4-501

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

Section
25-4-502

Presentment of "on arrival" drafts.

Section
25-4-503

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

Section
25-4-504

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