California Laws: Commercial Code Sections 4301-4303

California Laws > Commercial Code

• California Laws: Commercial Code Section 4301
  (a) If a payor bank settles for a demand item other than a documentary draft presented otherwise than for immediate payment over the counter before...
• California Laws: Commercial Code Section 4302
  (a) If an item is presented to and received by a payor bank, the bank is accountable for the amount of either: (1) A demand...
• California Laws: Commercial Code Section 4303
  (a) Any knowledge, notice, or stop-payment order received by, legal process served upon, or setoff exercised by a payor bank comes too late to terminate,...