There is a newer version of the Connecticut General Statutes
2005 Connecticut Code - Sec. 42a-4-108. Time of receipt of items.
Sec. 42a-4-108. Time of receipt of items. (a) For the purpose of allowing time to
process items, prove balances, and make the necessary entries on its books to determine
its position for the day, a bank may fix an afternoon hour of two o'clock p.m. or later
as a cutoff hour for the handling of money and items and the making of entries on its
books.
(1959, P.A. 133, S. 4-108; P.A. 91-304, S. 75.)
History: P.A. 91-304 entirely replaced former provisions re delays by a bank in handling items with provisions re time of receipt of items, a restatement of Sec. 42a-4-107, revised to 1991.
See Sec. 42a-4-109 for successor provisions to Sec. 42a-4-108, revised to 1991, re delays by a bank in handling items.
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