There is a newer version of the Wisconsin Statutes & Annotations
2012 Wisconsin Statutes & Annotations
404. Uniform commercial code — bank deposits and collections.
subch. I of ch. 404 SUBCHAPTER IGENERAL PROVISIONS AND DEFINITIONS
- 404.102 Applicability.
- 404.103 Variation by agreement; measure of damages; action constituting ordinary care.
- 404.104 Definitions and index of definitions.
- 404.105 "Bank"; "collecting bank"; "depository bank"; "intermediary bank"; "payer bank"; "presenting bank".
- 404.106 Payable through or payable at bank; collecting bank.
- 404.107 Separate office of a bank.
- 404.108 Time of receipt of items.
- 404.109 Delays.
- 404.110 Electronic presentment.
- 404.111 Statute of limitations.
COLLECTION OF ITEMS: DEPOSITARY AND COLLECTING BANKS
- 404.201 Status of collecting bank as agent and provisional status of credits; applicability of chapter; item endorsed "pay any bank".
- 404.202 Responsibility for collection or return; when action timely.
- 404.203 Effect of instructions.
- 404.204 Methods of sending and presenting; sending directly to payer bank.
- 404.205 Depositary bank holder of unendorsed item.
- 404.206 Transfer between banks.
- 404.207 Transfer warranties.
- 404.208 Presentment warranties.
- 404.209 Encoding and retention warranties.
- 404.210 Security interest of collecting bank in items, accompanying documents and proceeds.
- 404.211 When bank gives value for purposes of holder in due course.
- 404.212 Presentment by notice of item not payable by, through or at a bank; liability of drawer or endorser.
- 404.213 Medium and time of settlement by bank.
- 404.214 Right of charge-back or refund; liability of collecting bank; return of item.
- 404.215 Final payment of item by payer bank; when provisional debits and credits become final; when certain credits become available for withdrawal.
- 404.216 Insolvency and preference.
COLLECTION OF ITEMS: PAYER BANKS
- 404.301 Deferred posting; recovery of payment by return of items; time of dishonor; return of items by payer bank.
- 404.302 Payer bank's responsibility for late return of item.
- 404.303 When items subject to notice, stop-payment order, legal process or setoff; order in which items may be charged or certified.
RELATIONSHIP BETWEEN PAYER BANK AND ITS CUSTOMER
- 404.401 When bank may charge customer's account.
- 404.402 Bank's liability to customer for wrongful dishonor; time of determining insufficiency of account.
- 404.403 Customer's right to stop payment; burden of proof of loss.
- 404.404 Bank not obligated to pay check more than 6 months old.
- 404.405 Death or incompetence of customer.
- 404.406 Customer's duty to discover and report unauthorized signature or alteration.
- 404.407 Payer bank's right to subrogation on improper payment.
COLLECTION OF DOCUMENTARY DRAFTS
- 404.501 Handling of documentary drafts; duty to send for presentment and to notify customer of dishonor.
- 404.502 Presentment of "on arrival" drafts.
- 404.503 Responsibility of presenting bank for documents and goods; report of reasons for dishonor; referee in case of need.
- 404.504 Privilege of presenting bank to deal with goods; security interest for expenses.
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