{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/8.4-105.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/8.4-105.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/8.4-105.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/8.4-105.html"}],"law_id":79280,"edition_id":1,"section_id":79280,"structure_id":12769,"section_number":"8.4-105","catch_line":"“Bank”; “depositary bank”; “intermediary bank”; “collecting bank”; “payor bank”; “presenting bank.”","history":"1964, c. 219; 1992, c. 693; 2010, c. 794.","full_text":"In this title:\n\n1\n\n“Bank” means a person engaged in the business of banking, including a savings institution, credit union or trust company;2\n\n“Depositary bank” means the first bank to take an item even though it is also the payor bank, unless the item is presented for immediate payment over the counter;3\n\n“Payor bank” means a bank that is the drawee of a draft;4\n\n“Intermediary bank” means a bank to which an item is transferred in the course of collection except the depositary or payor bank;5\n\n“Collecting bank” means a bank handling an item for collection except the payor bank;6\n\n“Presenting bank” means a bank presenting an item except a payor bank.","order_by":null,"text":{"0":{"id":283861,"text":"In this title:","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1,"next_prefix":"1"},"1":{"id":283862,"text":"“Bank” means a person engaged in the business of banking, including a savings institution, credit union or trust company;","type":"section","prefixes":["1"],"prefix":"1","entire_prefix":"1","prefix_anchor":"1","level":1,"prior_prefix":"","next_prefix":"2"},"2":{"id":283863,"text":"“Depositary bank” means the first bank to take an item even though it is also the payor bank, unless the item is presented for immediate payment over the counter;","type":"section","prefixes":["2"],"prefix":"2","entire_prefix":"2","prefix_anchor":"2","level":1,"prior_prefix":"1","next_prefix":"3"},"3":{"id":283864,"text":"“Payor bank” means a bank that is the drawee of a draft;","type":"section","prefixes":["3"],"prefix":"3","entire_prefix":"3","prefix_anchor":"3","level":1,"prior_prefix":"2","next_prefix":"4"},"4":{"id":283865,"text":"“Intermediary bank” means a bank to which an item is transferred in the course of collection except the depositary or payor bank;","type":"section","prefixes":["4"],"prefix":"4","entire_prefix":"4","prefix_anchor":"4","level":1,"prior_prefix":"3","next_prefix":"5"},"5":{"id":283866,"text":"“Collecting bank” means a bank handling an item for collection except the payor bank;","type":"section","prefixes":["5"],"prefix":"5","entire_prefix":"5","prefix_anchor":"5","level":1,"prior_prefix":"4","next_prefix":"6"},"6":{"id":283867,"text":"“Presenting bank” means a bank presenting an item except a payor bank.","type":"section","prefixes":["6"],"prefix":"6","entire_prefix":"6","prefix_anchor":"6","level":1,"prior_prefix":"5"}},"ancestry":[{"id":12769,"edition_id":1,"name":"General Provisions and Definitions","identifier":"1","label":"part","depth":2,"order_by":1,"parent_id":12768,"metadata":{},"date_created":"2026-06-26 03:43:52","date_modified":"2026-06-26 03:43:52","permalink":{"id":282997,"object_type":"structure","relational_id":12769,"identifier":"1","token":"8.4\/1","url":"\/8.4\/1\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12768,"edition_id":1,"name":"Commercial Code \u2014 Bank Deposits and Collections","identifier":"8.4","label":"title","depth":1,"order_by":1,"parent_id":null,"metadata":{},"date_created":"2026-06-26 03:43:52","date_modified":"2026-06-26 03:43:52","permalink":{"id":282995,"object_type":"structure","relational_id":12768,"identifier":"8.4","token":"8.4","url":"\/8.4\/","edition_id":1,"permalink":0,"preferred":1}}],"structure_contents":[{"id":84896,"structure_id":12769,"section_number":"8.4-101","catch_line":"Short title","url":"\/8.4-101\/","token":"8.4\/1\/8.4-101","metadata":false},{"id":75718,"structure_id":12769,"section_number":"8.4-102","catch_line":"Applicability","url":"\/8.4-102\/","token":"8.4\/1\/8.4-102","metadata":false},{"id":71564,"structure_id":12769,"section_number":"8.4-103","catch_line":"Variation by agreement; measure of damages; action constituting ordinary care","url":"\/8.4-103\/","token":"8.4\/1\/8.4-103","metadata":false},{"id":73125,"structure_id":12769,"section_number":"8.4-104","catch_line":"Definitions and index of definitions","url":"\/8.4-104\/","token":"8.4\/1\/8.4-104","metadata":false},{"id":79280,"structure_id":12769,"section_number":"8.4-105","catch_line":"\"Bank\"; \"depositary bank\"; \"intermediary bank\"; \"collecting bank\"; \"payor bank\"; \"presenting bank.\"","url":"\/8.4-105\/","token":"8.4\/1\/8.4-105","metadata":false},{"id":59400,"structure_id":12769,"section_number":"8.4-105.1","catch_line":"Payable through or payable at bank; collecting bank","url":"\/8.4-105.1\/","token":"8.4\/1\/8.4-105.1","metadata":false},{"id":53957,"structure_id":12769,"section_number":"8.4-106","catch_line":"Separate office of a bank","url":"\/8.4-106\/","token":"8.4\/1\/8.4-106","metadata":false},{"id":65448,"structure_id":12769,"section_number":"8.4-107","catch_line":"Time of receipt of items","url":"\/8.4-107\/","token":"8.4\/1\/8.4-107","metadata":false},{"id":63473,"structure_id":12769,"section_number":"8.4-108","catch_line":"Delays","url":"\/8.4-108\/","token":"8.4\/1\/8.4-108","metadata":false},{"id":66349,"structure_id":12769,"section_number":"8.4-109","catch_line":"Repealed","url":"\/8.4-109\/","token":"8.4\/1\/8.4-109","metadata":false},{"id":64500,"structure_id":12769,"section_number":"8.4-110","catch_line":"Electronic presentment","url":"\/8.4-110\/","token":"8.4\/1\/8.4-110","metadata":false},{"id":72982,"structure_id":12769,"section_number":"8.4-111","catch_line":"Statute of limitations","url":"\/8.4-111\/","token":"8.4\/1\/8.4-111","metadata":false}],"previous_section":{"id":73125,"structure_id":12769,"section_number":"8.4-104","catch_line":"Definitions and index of definitions","url":"\/8.4-104\/","token":"8.4\/1\/8.4-104","metadata":false},"next_section":{"id":59400,"structure_id":12769,"section_number":"8.4-105.1","catch_line":"Payable through or payable at bank; collecting bank","url":"\/8.4-105.1\/","token":"8.4\/1\/8.4-105.1","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/8.4-105\/","history_text":"

This law was first created in 1964. The record of its establishment is cataloged in chapter 219 of that year\u2019s edition of \u201cActs of Assembly,\u201d the annual state publication listing all changes made to the Code of Virginia in that year. Unfortunately, the 1964 \u201cActs\u201d aren\u2019t available online. It has been modified 2 times. Those modifications are cataloged by \u201cThe Acts of Assembly,\u201d a state publication, by year and chapter. Those modifications that can be read on the General Assembly\u2019s website will be linked accordingly. Those modifications are as follows: in 1992, chapter 693; in 2010, chapter 794<\/a>.<\/p>","references":[{"id":77332,"section_number":"8.3A-103","catch_line":"Definitions","order_by":null,"url":"\/8.3A-103\/"},{"id":73125,"section_number":"8.4-104","catch_line":"Definitions and index of definitions","order_by":null,"url":"\/8.4-104\/"}],"refers_to":false,"permalink":{"id":283015,"object_type":"law","relational_id":79280,"identifier":"8.4-105","token":"8.4\/1\/8.4-105","url":"\/8.4-105\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/8.4-105\/","token":"8.4\/1\/8.4-105","dublin_core":{"Title":"“Bank”; “depositary bank”; “intermediary bank”; “collecting bank”; “payor bank”; “presenting bank.”","Type":"Text","Format":"text\/html","Identifier":"\u00a7 8.4-105","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

In this title:<\/p><\/section>\n\t\t\t\t\t\t

1.<\/span> “Bank<\/span>” means a person engaged in the business of banking, including a savings institution, credit union or trust company; <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

2.<\/span> “Depositary bank<\/span>” means the first bank to take an item even though it is also the payor bank<\/span>, unless the item is presented for immediate payment over the counter; <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

3.<\/span> “Payor bank<\/span>” means a bank that is the drawee of a draft; <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

4.<\/span> “Intermediary bank<\/span>” means a bank to which an item is transferred in the course of collection except the depositary or payor bank<\/span>; <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

5.<\/span> “Collecting bank<\/span>” means a bank handling an item for collection except the payor bank<\/span>; <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

6.<\/span> “Presenting bank<\/span>” means a bank presenting an item except a payor bank<\/span>. <\/i><\/a><\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\n“BANK”; “DEPOSITARY BANK”; “INTERMEDIARY\nBANK”; “COLLECTING BANK”; “PAYOR BANK”;\n“PRESENTING BANK.” (\u00a7 8.4-105)\n\nIn this title:\n\n1. “Bank” means a person engaged in the business of banking,\nincluding a savings institution, credit union or trust company;\n\n2. “Depositary bank” means the first bank to take an item even\nthough it is also the payor bank, unless the item is presented for immediate\npayment over the counter;\n\n3. “Payor bank” means a bank that is the drawee of a draft;\n\n4. “Intermediary bank” means a bank to which an item is transferred\nin the course of collection except the depositary or payor bank;\n\n5. “Collecting bank” means a bank handling an item for collection\nexcept the payor bank;\n\n6. “Presenting bank” means a bank presenting an item except a payor\nbank.\n\nHISTORY: 1964, c. 219; 1992, c. 693; 2010, c. 794.","edition":{"id":1,"name":"2025","slug":"2025","date_created":"2026-06-21 22:39:22","date_modified":"2026-06-21 22:39:22","current":1,"order_by":1,"last_import":null}}