Part
Collection of Items: Depositary and Collecting Banks
- Ala. Code § 7-4-201— Status of Collecting Bank as Agent and Provisional Status of Credits, Applicability of Article; Item Indorsed “Pay Any Bank.”
- Ala. Code § 7-4-202— Responsibility for Collection or Return; When Action Timely.
- Ala. Code § 7-4-203— Effect of Instructions.
- Ala. Code § 7-4-204— Methods of Sending and Presenting; Sending Directly to Payor Bank.
- Ala. Code § 7-4-205— Depositary Bank Holder of Unindorsed Item.
- Ala. Code § 7-4-206— Transfer Between Banks.
- Ala. Code § 7-4-207— Transfer Warranties.
- Ala. Code § 7-4-208— Presentment Warranties.
- Ala. Code § 7-4-209— Encoding and Retention Warranties.
- Ala. Code § 7-4-210— Security Interest of Collecting Bank in Items, Accompanying Documents, and Proceeds.
- Ala. Code § 7-4-211— When Bank Gives Value for Purposes of Holder in Due Course.
- Ala. Code § 7-4-212— Presentment by Notice of Item Not Payable By, Through, or at Bank; Liability of Drawer or Indorser.
- Ala. Code § 7-4-213— Medium and Time of Settlement by Bank.
- Ala. Code § 7-4-214— Right of Charge-Back or Refund; Liability of Collecting Bank; Return of Item.
- Ala. Code § 7-4-215— Final Payment of Item by Payor Bank; When Provisional Debits and Credits Become Final; When Certain Credits Become Available for Withdrawal.
- Ala. Code § 7-4-216— Insolvency and Preference.