There is a newer version of the Connecticut General Statutes
2005 Connecticut Code - Sec. 42a-4-204. Methods of sending and presenting. Sending directly to payor bank.
Sec. 42a-4-204. Methods of sending and presenting. Sending directly to payor
bank. (a) A collecting bank shall send items by a reasonably prompt method, taking
into consideration relevant instructions, the nature of the item, the number of those items
on hand, the cost of collection involved, and the method generally used by it or others
to present those items.
(c) Presentment may be made by a presenting bank at a place where the payor bank or other payor has requested that presentment be made.
(1959, P.A. 133, S. 4-204; 1963, P.A. 526, S. 9; P.A. 91-304, S. 82.)
History: 1963 act added Subsec. (3) re making of presentment; P.A. 91-304 replaced numeric with alphabetic Subsec. indicators and alphabetic with numeric Subdiv. indicators, amended Subsec. (a) to make minor changes in wording and punctuation, amended Subsec. (b) to make minor changes in wording and punctuation and replace "operating letter" with "operating circular" and amended Subsec. (c) to add "or other payor".
Disclaimer: These codes may not be the most recent version. Connecticut may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.