Part 3 Collection of Items: Payor Banks

This part is comprised of the following sections:
  • §8.4-301 Deferred posting; recovery of payment by return of items; time of dishonor; return of items by payor bank
  • §8.4-302 Payor bank’s responsibility for late return of item
  • §8.4-303 When items subject to notice, stop-payment order, legal process or setoff; order in which items may be charged or certified