Public-domain · open source
OpenJurist

reconverting bank

Defined in 1 dictionary — U.S. Code

United States Code

12 U.S.C. § 5002 — for purposes of this chapter

The term “reconverting bank” means—

(A) the bank that creates a substitute check; or

(B) if a substitute check is created by a person other than a bank, the first bank that transfers or presents such substitute check.