30-4-301. Deferred posting — recovery of payment by return of items — time of dishonor — return of items by payor bank. (1) If a payor bank settles for a demand item other than a documentary draft presented otherwise than for immediate payment over the counter before midnight of the banking day of receipt, the payor […]
30-4-302. Payor bank’s responsibility for late return of item. (1) If an item is presented to and received by a payor bank the bank is accountable for the amount of: (a) a demand item, other than a documentary draft, whether properly payable or not if the bank, in any case in which it is not also the […]
30-4-303. When items subject to notice, stop order, legal process or setoff — order in which items may be charged or certified. (1) Any knowledge, notice, or stop order received by, legal process served upon or setoff exercised by a payor bank, whether or not effective under other rules of law to terminate, suspend, or modify […]
