- Part 1 General Provisions and Definitions.
- Part 2 Collection of Items: Depositary and Collecting Banks.
- Section 7-4-201 Status of collecting bank as agent and provisional status of credits, applicability of article; item indorsed "pay any bank."
- Section 7-4-202 Responsibility for collection or return; when action timely.
- Section 7-4-203 Effect of instructions.
- Section 7-4-204 Methods of sending and presenting; sending directly to payor bank.
- Section 7-4-205 Depositary bank holder of unindorsed item.
- Section 7-4-206 Transfer between banks.
- Section 7-4-208 Presentment warranties.
- Section 7-4-207 Transfer warranties.
- Section 7-4-209 Encoding and retention warranties.
- Section 7-4-210 Security interest of collecting bank in items, accompanying documents, and proceeds.
- Section 7-4-211 When bank gives value for purposes of holder in due course.
- Section 7-4-212 Presentment by notice of item not payable by, through, or at bank; liability of drawer or indorser.
- Section 7-4-213 Medium and time of settlement by bank.
- Section 7-4-214 Right of charge-back or refund; liability of collecting bank; return of item.
- Section 7-4-215 Final payment of item by payor bank; when provisional debits and credits become final; when certain credits become available for withdrawal.
- Section 7-4-216 Insolvency and preference.
- Part 3 Collection of Items: Payor Banks.
- Section 7-4-301 Deferred posting; recovery of payment by return of items; time of dishonor; return of items by payor bank.
- Section 7-4-302 Payor bank's responsibility for late return of item.
- Section 7-4-303 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.
- Section 7-4-401 When bank may charge customer's account.
- Section 7-4-402 Bank's liability to customer for wrongful dishonor; time of determining insufficiency of account.
- Section 7-4-403 Customer's right to stop payment; burden of proof of loss.
- Section 7-4-404 Bank not obligated to pay check more than six months old.
- Section 7-4-405 Death or incompetence of customer.
- Section 7-4-406 Customer's duty to discover and report unauthorized signature or alteration.
- Section 7-4-407 Payor bank's right to subrogation on improper payment.
- Part 5 Collection of Documentary Drafts.
- Section 7-4-501 Handling of documentary drafts; duty to send for presentment and to notify customer of dishonor.
- Section 7-4-502 Presentment of "on arrival" drafts.
- Section 7-4-503 Responsibility of presenting bank for documents and goods; report of reasons for dishonor; referee in case of need.
- Section 7-4-504 Privilege of presenting bank to deal with goods; security interest for expenses.