Arizona Revised Statutes (Last Updated: March 31, 2016) |
Title 47. Uniform Commercial Code |
Chapter 4. BANK DEPOSITS AND COLLECTIONS |
Article 1. General Provisions and Definitions |
Sec 47-4101. Short title |
Sec 47-4102. Applicability |
Sec 47-4103. Variation by agreement; measure of damages; action constituting ordinary care |
Sec 47-4104. Definitions and index of definitions |
Sec 47-4105. "Bank"; "depositary bank"; "payor bank"; "intermediary bank"; "collecting bank"; "presenting bank" |
Sec 47-4106. Payable through or payable at bank; collecting bank |
Sec 47-4107. Separate office of bank |
Sec 47-4108. Time of receipt of items |
Sec 47-4109. Delays |
Sec 47-4110. Electronic presentment |
Sec 47-4111. Statute of limitations |
Article 2. Collection of Items; Depositary and Collecting Banks |
Sec 47-4201. Status of collecting bank as agent and provisional status of credits; applicability of chapter; item indorsed "pay any bank" |
Sec 47-4202. Responsibility for collection or return; when action timely |
Sec 47-4203. Effect of instructions |
Sec 47-4204. Methods of sending and presenting; sending directly to payor bank |
Sec 47-4205. Depositary bank holder of unindorsed item |
Sec 47-4206. Transfer between banks |
Sec 47-4207. Transfer warranties |
Sec 47-4208. Presentment warranties |
Sec 47-4209. Encoding and retention warranties |
Sec 47-4210. Security interest of collecting bank in items, accompanying documents and proceeds |
Sec 47-4211. When bank gives value for purposes of holder in due course |
Sec 47-4212. Presentment by notice of item not payable by, through or at a bank; liability of drawer or indorser |
Sec 47-4213. Medium and time of settlement by bank |
Sec 47-4214. Right of charge-back or refund; liability of collecting bank; return of item |
Sec 47-4215. Final payment of item by payor bank; when provisional debits and credits become final; when certain credits become available for withdrawal |
Sec 47-4216. Insolvency and preference |
Article 3. Collection of Items; Payor Banks |
Sec 47-4301. Deferred posting; recovery of payment by return of items; time of dishonor; return of items by payor bank |
Sec 47-4302. Payor bank's responsibility for late return of item |
Sec 47-4303. When items subject to notice, stop-payment order, legal process or setoff; order in which items may be charged or certified |
Article 4. Relationship Between Payor Bank and Its Customer |
Sec 47-4401. When bank may charge customer's account |
Sec 47-4402. Bank's liability to customer for wrongful dishonor; time of determining insufficiency of amount |
Sec 47-4403. Customer's right to stop payment; burden of proof of loss |
Sec 47-4404. Bank not obligated to pay check more than six months old |
Sec 47-4405. Death or incompetence of customer |
Sec 47-4406. Customer's duty to discover and report unauthorized signature or alteration |
Sec 47-4407. Payor bank's right to subrogation on improper payment |
Article 5. Collection of Documentary Drafts |
Sec 47-4501. Handling of documentary drafts; duty to send for presentment and to notify customer of dishonor |
Sec 47-4502. Presentment of "on arrival" drafts |
Sec 47-4503. Responsibility of presenting bank for documents and goods; report of reasons for dishonor; referee in case of need |
Sec 47-4504. Privilege of presenting bank to deal with goods; security interest for expenses |