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PART

Collection of Documentary Drafts

  • N.Y. U.C.C. 4-501— Handling of Documentary Drafts; Duty to Send for Presentment and to Notify Customer of Dishonor
  • N.Y. U.C.C. 4-502— Presentment of "On Arrival" Drafts
  • N.Y. U.C.C. 4-503— Responsibility of Presenting Bank for Documents and Goods; Report of Reasons for Dishonor; Referee in Case of Need
  • N.Y. U.C.C. 4-504— Privilege of Presenting Bank to Deal With Goods; Security Interest for Expenses