collecting agent
Definitions from Case Law · United States Supreme Court
Definitions from Case Law
From 74 U.S. 447 - Ward v. Smith · 1868Most cited · 83 citing opinions
the bank becomes the agent of the payee or obligee to receive payment. The agency extends no further, and without special authority an agent can only receive payment of the debt due his principal in the legal currency of the country, or in bills which pass as money at their par value by the common consent of the community.
How often courts cite the case defining “collecting agent”
Court decisions citing the opinion that defined “collecting agent” — 83 in all, by decade. Counts are citations to the defining case as a whole, not verified uses of the term. The dip in the most recent years is a data-coverage gap, not a real trend — our corpus holds fewer opinions from the latest years.