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Collection of Documentary Drafts
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Collection of Documentary Drafts
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Section
47-4-501
Handling of Documentary Drafts; Duty to Send for Presentment and to Notify Customer of Dishonor
Section
47-4-502
Presentment of “On Arrival” Drafts
Section
47-4-503
Responsibility of Presenting Bank for Documents and Goods — Report of Reasons for Dishonor — Referee in Case of Need
Section
47-4-504
Privilege of Presenting Bank to Deal With Goods — Security Interest for Expenses