Laws of North Carolina (Last Updated: May 12, 2015) |
Chapter25. Uniform Commercial Code. |
Article4. Bank Deposits and Collections |
Part 1. General Provisions and Definitions |
§ 25-4-101. Short title |
§ 25-4-102. Applicability |
§ 25-4-103. Variation by agreement; measure of damages; action constituting ordinary care |
§ 25-4-104. Definitions and index of definitions |
§ 25-4-105. "Bank"; "depositary bank"; "intermediary bank"; "collecting bank"; "payor bank"; "presenting bank" |
§ 25-4-105.1. Payable through or payable at bank; collecting bank |
§ 25-4-106. Separate office of a bank |
§ 25-4-107. Time of receipt of items |
§ 25-4-108. Delays |
§ 25-4-109. Repealed by Session Laws 1995, c. 232, s. 2 |
§ 25-4-110. Electronic presentment |
§ 25-4-111. Statute of limitations |
Part 2. COLLECTION OF ITEMS: DEPOSITARY AND COLLECTING BANKS |
§ 25-4-201. Status of collecting bank as agent and provisional status of credits; applicability of Article; item indorsed "pay any bank" |
§ 25-4-202. Responsibility for collection or return; when action timely |
§ 25-4-203. Effect of instructions |
§ 25-4-204. Methods of sending and presenting; sending directly to payor |
§ 25-4-205. Depositary bank holder of unindorsed item |
§ 25-4-206. Transfer between banks |
§ 25-4-207. Transfer warranties |
§ 25-4-207.1. Presentment warranties |
§ 25-4-207.2. Encoding and retention warranties |
§ 25-4-208. Security interest of collecting bank in items, accompanying documents and proceeds |
§ 25-4-209. When bank gives value for purposes of holder in due course |
§ 25-4-210. Presentment by notice of item not payable by, through, or at a bank; liability of drawer or indorser |
§ 25-4-211. Medium and time of settlement by bank |
§ 25-4-212. Right of charge-back or refund; liability of collecting bank; return of item |
§ 25-4-213. Final payment of item by payor bank; when provisional debits and credits become final; when certain credits become available for withdrawal |
§ 25-4-214. Insolvency and preference |
Part 3. COLLECTION OF ITEMS: PAYOR BANKS |
§ 25-4-301. Deferred posting; recovery of payment by return of items; time of dishonor; return of items by payor bank |
§ 25-4-302. Payor bank's responsibility for late return of item |
§ 25-4-303. When items subject to notice, stop-payment order, legal process, or setoff; order in which items may be charged or certified |
Part 4. RELATIONSHIP BETWEEN PAYOR BANK AND ITS CUSTOMER |
§ 25-4-401. When bank may charge customer's account |
§ 25-4-402. Bank's liability to customer for wrongful dishonor; time of determining insufficiency of account |
§ 25-4-403. Customer's right to stop payment; burden of proof of loss |
§ 25-4-404. Bank not obligated to pay check more than six months old |
§ 25-4-405. Death or incompetence of customer |
§ 25-4-406. Customer's duty to discover and report unauthorized signature or alteration |
§ 25-4-407. Payor bank's right to subrogation on improper payment |
Part 5. COLLECTION OF DOCUMENTARY DRAFTS |
§ 25-4-501. Handling of documentary drafts; duty to send for presentment and to notify customer of dishonor |
§ 25-4-502. Presentment of "on arrival" drafts |
§ 25-4-503. Responsibility of presenting bank for documents and goods; report of reasons for dishonor; referee in case of need |
§ 25-4-504. Privilege of presenting bank to deal with goods; security interest for expenses |