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2017 Utah Code
Title 70A - Uniform Commercial Code
Chapter 4 - Uniform Commercial Code - Bank Deposits and Collections
Part 5 - Collection of Documentary Drafts
- Section 501 - Handling of documentary drafts -- Duty to send for presentment and to notify customer of dishonor.
- Section 502 - Presentment of "on arrival" drafts.
- Section 503 - Responsibility of presenting bank for documents and goods -- Report of reasons for dishonor -- Referee in case of need.
- Section 504 - Privilege of presenting bank to deal with goods -- Security interest for expenses.
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