There is a newer version of the South Carolina Code of Laws
2013 South Carolina Code of Laws
Title 36 - Commercial Code
CHAPTER 4 - COMMERCIAL CODE - BANK DEPOSITS AND COLLECTIONS
PART 1. GENERAL TERMS AND DEFINITIONS- SECTION 36-4-101. Short title.
- SECTION 36-4-102. Applicability
- SECTION 36-4-103. Variation by agreement; measure of damages; action constituting ordinary care.
- SECTION 36-4-104. Definitions and index of definitions.
- SECTION 36-4-105. Definitions of types of banks.
- SECTION 36-4-106. Payable through or payable at bank; collecting bank.
- SECTION 36-4-107. Separate office of bank.
- SECTION 36-4-108. Time of receipt of items.
- SECTION 36-4-109. Delays.
- SECTION 36-4-110. Electronic presentment.
- SECTION 36-4-111. Statute of limitations.
- SECTION 36-4-201. Status of collecting bank as agent and provisional status of credits; applicability of article; item indorsed "pay any bank".
- SECTION 36-4-202. Responsibility for collections or return; when action timely.
- SECTION 36-4-203. Effect of instructions.
- SECTION 36-4-204. Methods of sending and presenting; sending directly to payor bank.
- SECTION 36-4-205. Depositary bank holder of unindorsed item.
- SECTION 36-4-206. Transfer between banks.
- SECTION 36-4-207. Transfer warranties.
- SECTION 36-4-208. Presentment warranties.
- SECTION 36-4-209. Encoding and retention warranties.
- SECTION 36-4-210. Security interest of collecting bank in items, accompanying documents, and proceeds.
- SECTION 36-4-211. When bank gives value for purposes of holder in due course.
- SECTION 36-4-212. Presentment by notice of item not payable by, through, or at bank; liability of drawer or indorser.
- SECTION 36-4-213. Medium and time of settlement by bank.
- SECTION 36-4-214. Right of charge-back or refund; liability of collecting bank; return of item.
- SECTION 36-4-215. Final payment of item by payor bank; when provisional debits and credits become final; when certain credits become available for withdrawal.
- SECTION 36-4-216. Insolvency and preference.
- SECTION 36-4-301. Posting; recovery of payment by return of items; time of dishonor; return of items by payor bank.
- SECTION 36-4-302. Payor bank's responsibility for late return of item.
- SECTION 36-4-303. When items subject to notice, stop-payment order, legal process, or setoff; order in which items may be changed or certified.
- SECTION 36-4-401. When bank may charge customer's account.
- SECTION 36-4-402. Bank's liability to customer for wrongful dishonor; time of determining insufficiency of account.
- SECTION 36-4-403. Customer's right to stop payment; burden of proof of loss.
- SECTION 36-4-404. Bank not obliged to pay check more than six months old.
- SECTION 36-4-405. Death or incompetence of a customer.
- SECTION 36-4-406. Customer's duty to discover and report unauthorized signature or alteration.
- SECTION 36-4-407. Payor bank's right to subrogation on improper payment.
- SECTION 36-4-501. Handling of documentary drafts; duty to send for presentment and to notify customer of dishonor.
- SECTION 36-4-502. Presentment of "on arrival" drafts.
- SECTION 36-4-503. Responsibility of presenting bank for documents and goods; report of reasons for dishonor; referee in case of need.
- SECTION 36-4-504. Privilege of presenting bank to deal with goods; security interest for expenses.
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