Section 3--120. Instruments "Payable Through" Bank.\n An instrument which states that it is "payable through" a bank or the\nlike designates that bank as a collecting bank to make presentment but\ndoes not of itself authorize the bank to pay the instrument.\n
N.Y. U.C.C. 3-120
Instruments "Payable Through" Bank
2014-09-22
Official source: NYS Open Legislation (New York State Senate). Reproduced from public-domain New York statutes; confirm against the official source for the current text. Not legal advice.