MCL - Index of 174-1962-4-2

NOTE: Dates reflect any modification to item, not necessarily a change in law.
Title Subject
174-1962-4-2 PART 2 COLLECTION OF ITEMS: DEPOSITARY AND COLLECTING BANKS (440.4201...440.4216)
Section 440.4201 Agency status of banks; provisional status of credits; applicability of article; endorsement with pay any bank.
Section 440.4202 Collecting bank; duties; exercising ordinary care; liability.
Section 440.4203 Collecting bank; instructions from transferor.
Section 440.4204 Collecting bank; methods of sending items; presentment.
Section 440.4205 Depositary bank; item delivered by customer for collection.
Section 440.4206 Transfer between banks.
Section 440.4207 Warranties of customer and collecting bank on transfer of items; accrual of cause of action.
Section 440.4208 Presentment of unaccepted or dishonored draft; warranties of person obtaining payment and prior transferor; discharge; accrual of cause of action.
Section 440.4209 Electronic presentment; encoding of information and retaining items; warranties; recovery of damages, expenses, and loss of interest.
Section 440.4210 Security interest of collecting bank in items, accompanying documents, or proceeds.
Section 440.4211 Bank with security interest as holder in due course.
Section 440.4212 Presentment by notice of item not payable by, through, or at a bank; treating item as dishonored.
Section 440.4213 Settlement; medium and time.
Section 440.4214 Right to charge-back or refund.
Section 440.4215 Final payment of items by payor bank; final credit; availability of credit for withdrawal.
Section 440.4216 Payor or collecting bank; suspension of payments.