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Collection of Items: Payor Banks
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US Virgin Islands Code
Uniform Commercial Code
Bank Deposits and Collections
Collection of Items: Payor Banks
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Section
4-301
Deferred posting; recovery of payment by return of items; time of dishonor; return of items by payor bank
Section
4-302
Payor bank's responsibility for late return of item
Section
4-303
When items subject to notice, stop-payment order, legal process, or setoff; order in which items may be charged or certified