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2021 Rhode Island General Laws
Title 6A - Uniform Commercial Code
Chapter 6A-4 - Bank Deposits And Collections
- Section 6A-4-101 - Short title.
- Section 6A-4-102 - Applicability.
- Section 6A-4-103 - Variation by agreement - Measure of damages - Action constituting ordinary care.
- Section 6A-4-104 - Definitions and index of definitions.
- Section 6A-4-105 - "Bank" - "Depositary bank" - "Payor bank" - "Intermediary bank" - "Collecting bank" - "Presenting bank".
- Section 6A-4-106 - Payable through or payable at bank: collecting bank.
- Section 6A-4-107 - Separate office of bank.
- Section 6A-4-108 - Time of receipt of items.
- Section 6A-4-109 - Delays.
- Section 6A-4-110 - Electronic presentment.
- Section 6A-4-111 - Statute of limitations.
- Section 6A-4-201 - Status of collecting bank as agent and provisional status of credits - Applicability of article - Item indorsed "Pay Any Bank".
- Section 6A-4-202 - Responsibility for collection or return - When action timely.
- Section 6A-4-203 - Effect of instructions.
- Section 6A-4-204 - Methods of sending and presenting - Sending directly to payor bank.
- Section 6A-4-205 - Depositary bank holder of unindorsed item.
- Section 6A-4-206 - Transfer between banks.
- Section 6A-4-207 - Transfer warranties.
- Section 6A-4-208 - Presentment warranties.
- Section 6A-4-209 - Encoding and retention warranties.
- Section 6A-4-210 - Security interest of collecting bank in items, accompanying documents and proceeds.
- Section 6A-4-211 - When bank gives value for purposes of holder in due course.
- Section 6A-4-212 - Presentment by notice of item not payable by, through, or at bank - Liability of drawer or indorser.
- Section 6A-4-213 - Medium and time of settlement by bank.
- Section 6A-4-214 - Right of charge-back or refund - Liability of collecting bank - Return of item.
- Section 6A-4-215 - Final payment of item by payor bank - When provisional debits and credits become final - When certain credits become available for withdrawal.
- Section 6A-4-216 - Insolvency and preference.
- Section 6A-4-301 - Deferred posting - Recovery of payment by return of items - Time of dishonor - Return of items by payor bank.
- Section 6A-4-302 - Payor bank's responsibility for late return of item.
- Section 6A-4-303 - When items subject to notice, stop-payment order, legal process, or setoff - Order in which items may be charged or certified.
- Section 6A-4-401 - When bank may charge customer's account.
- Section 6A-4-402 - Bank's liability to customer for wrongful dishonor - Time of determining insufficiency of account.
- Section 6A-4-403 - Customer's right to stop payment - Burden of proof of loss.
- Section 6A-4-404 - Bank not obliged to pay check more than six months old.
- Section 6A-4-405 - Death or incompetence of customer.
- Section 6A-4-406 - Customer's duty to discover and report unauthorized signature or alteration.
- Section 6A-4-407 - Payor bank's right to subrogation on improper payment.
- Section 6A-4-501 - Handling of documentary drafts - Duty to send for presentment and to notify customer of dishonor.
- Section 6A-4-502 - Presentment of "on arrival" drafts.
- Section 6A-4-503 - Responsibility of presenting bank for documents and goods - Report of reasons for dishonor - Referee in case of need.
- Section 6A-4-504 - Privilege of presenting bank to deal with goods - Security interest for expenses.
- Section 6A-4-505 - Official Comments.
Disclaimer: These codes may not be the most recent version. Rhode Island 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.
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