2025 Statutes Index

Consumer act, applicability of UCC to, 421.103

Course of performance, dealing, usage of trade, 401.303

Definitions:

Bank deposits and collections chapter, 404.104, 404.105

Commercial paper chapter, 403.102

Documents of title chapter, 407.102

General, 401.201

Investment securities chapter, 408.102

Letters of credit chapter, 405.102

Sales chapter, 402.103 to 402.106

Secured transactions chapter, 409.102

Equity, applicability of principles of, 401.103

Good faith, obligation of, 401.304

Law merchant, 401.103 (2)

Lease and security interest distinguished, 401.203

Notice, knowledge, 401.202

Purposes of act, 401.103

Remedies to be liberally administered, 401.305

Reservation of rights, 401.308

Scope of chapter 401, 401.102

Section captions, 401.107

Subordinated obligations, 401.310

Third-party documents as prima facie evidence, 401.307

Time, what is reasonable, seasonableness, 401.205

Title of act, 401.101

Usage of trade, 401.303

Value, when given, 401.204

Variation by agreement, 401.302

Waiver of claim arising out of breach, 401.306

commercial code_2. bank deposits and collections 2. Bank Deposits and Collections

Generally, Ch. 404

Agency status of collecting banks, 404.201

Agreements varying provisions, 404.103 (1)

Applicability of chapters, 404.102

Branch banks, 404.107

Breach of warranties, damages, 404.207 (3)

Charge-back, 404.214

Charging items against accounts, 404.401

Order of charging, 404.303 (2)

Checks more than 6 months old, bank not obligated to pay, 404.404

Clearinghouse:

Provisional settlement made through, 404.215 (2)

Return of item received through, 404.301 (4)

Collecting bank:

Agency status, 404.201

Care required, 404.202

Delays in collecting, 404.109

Final payment, 404.215 (3)

Instructions by transferor as affecting liability, 404.203, 404.204

Items payable through or payable at, effect, 404.106

Methods of sending and presenting, 404.204

Security interest of, 404.210

Warranties, 404.207

Conflict of laws, 404.102 (2)

Customers:

Bank’s liability for wrongful dishonor, 404.402

Charges against account, when, 404.401

Death, 404.405

Duty to examine statement of account, 404.406

Incompetence, 404.405

Stop payment order by, 404.403

Damages:

Breach of warranties, 404.207 (3)

Failure of bank to exercise ordinary care, 404.103 (5)

Death of customer, effect, 404.405

Deferred posting, 404.301

Definitions, 404.104, 404.105

Delays, collection, 404.109

Deposits, withdrawal availability, 404.215 (5)

Dishonor:

Documentary draft, 404.501, 404.503

Items not payable at bank, 404.212 (2)

Time and notice, 404.301

Wrongful, bank’s liability for, 404.402

Documentary drafts, collection, 404.501 to 404.504

Endorsements, delivery of unendorsed item, 404.205

Federal reserve regulations, application, 404.103 (2), (3)

Final payment, of item by payor bank, 404.215 (1)

Forgery, duty of customer, 404.406

Goods, responsibility of presenting bank, 404.503, 404.504

Holder in due course, bank giving value as, 404.211

Identity, transferor bank, 404.206

Incompetency of customer, effect, 404.405

Insolvency of bank, preferences upon, 404.216

Instructions of transferors, 404.203

Late return of item, 404.302

Legal process, items subject to, 404.303

Liability:

Collecting banks, 404.202 (3)