2006 New York Laws: Uniform Commercial Code : (4-501 - 4-504) Collection Of Documentary DraftsPart 5 - COLLECTION OF DOCUMENTARY DRAFTS
4-501 - Handling of Documentary Drafts; Duty to Send for Presentment and to Notify Customer of Dishonor.
4-502 - Presentment of "On Arrival" Drafts.
4-503 - Responsibility of Presenting Bank for Documents and Goods; Report of Reasons for Dishonor; Referee in Case of Need.
4-504 - Privilege of Presenting Bank to Deal With Goods; Security Interest for Expenses.
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