There is a newer version
of
this Section
2019 Ohio Revised Code
Title [13] XIII COMMERCIAL TRANSACTIONS - OHIO UNIFORM COMMERCIAL CODE
Chapter 1304 - BANK DEPOSITS AND COLLECTIONS
Section 1304.05 - Payable through or payable at bank - UCC 4-106.
Universal Citation: Ohio Rev Code § 1304.05 (2019)
(A) If an item states that it is "payable through" a bank identified in the item, both of the following apply:
(1) The item designates the bank as a collecting bank and does not by itself authorize the bank to pay the item.
(2) The item may be presented for payment only by or through the bank.
(B) If an item states that it is "payable at" a bank identified in the item, the item is equivalent to a draft drawn on the bank.
Effective Date: 08-19-1994 .
Disclaimer: These codes may not be the most recent version. Ohio 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.
