Article 4. Bank Deposits and Collections
Part 1. General Provisions and Definitions
- Ala. Code § 7-4-101 (1975) Short Title
- Ala. Code § 7-4-102 (1975) Applicability
- Ala. Code § 7-4-103 (1975) Variation By Agreement; Measure of Damages; Action Constituting Ordinary Care
- Ala. Code § 7-4-104 (1975) Definitions and Index of Definitions
- Ala. Code § 7-4-105 (1975) "Bank"; "Depositary Bank"; "Payor Bank"; "Intermediary Bank"; "Collecting Bank"; "Presenting Bank."
- Ala. Code § 7-4-106 (1975) Payable Through Or Payable At Bank; Collecting Bank
- Ala. Code § 7-4-107 (1975) Separate Office of Bank
- Ala. Code § 7-4-108 (1975) Time of Receipt of Items
- Ala. Code § 7-4-109 (1975) Delays
- Ala. Code § 7-4-110 (1975) Electronic Presentment
- Ala. Code § 7-4-111 (1975) Statute of Limitations; Accrual of Action
Part 2. Collection of Items: Depositary and Collecting Banks
- Ala. Code § 7-4-201 (1975) Status of Collecting Bank As Agent and Provisional Status of Credits, Applicability of Article; Item Indorsed "Pay Any Bank."
- Ala. Code § 7-4-202 (1975) Responsibility For Collection Or Return; When Action Timely
- Ala. Code § 7-4-203 (1975) Effect of Instructions
- Ala. Code § 7-4-204 (1975) Methods of Sending and Presenting; Sending Directly to Payor Bank
- Ala. Code § 7-4-205 (1975) Depositary Bank Holder of Unindorsed Item
- Ala. Code § 7-4-206 (1975) Transfer Between Banks
- Ala. Code § 7-4-207 (1975) Transfer Warranties
- Ala. Code § 7-4-208 (1975) Presentment Warranties
- Ala. Code § 7-4-209 (1975) Encoding and Retention Warranties
- Ala. Code § 7-4-210 (1975) Security Interest of Collecting Bank In Items, Accompanying Documents, and Proceeds
- Ala. Code § 7-4-211 (1975) When Bank Gives Value For Purposes of Holder In Due Course
- Ala. Code § 7-4-212 (1975) Presentment By Notice of Item Not Payable By, Through, Or At Bank; Liability of Drawer Or Indorser
- Ala. Code § 7-4-213 (1975) Medium and Time of Settlement By Bank
- Ala. Code § 7-4-214 (1975) Right of Charge-Back Or Refund; Liability of Collecting Bank; Return of Item
- Ala. Code § 7-4-215 (1975) Final Payment of Item By Payor Bank; When Provisional Debits and Credits Become Final; When Certain Credits Become Available For Withdrawal
- Ala. Code § 7-4-216 (1975) Insolvency and Preference
Part 3. Collection of Items: Payor Banks
- Ala. Code § 7-4-301 (1975) Deferred Posting; Recovery of Payment By Return of Items; Time of Dishonor; Return of Items By Payor Bank
- Ala. Code § 7-4-302 (1975) Payor Bank's Responsibility For Late Return of Item
- Ala. Code § 7-4-303 (1975) When Items Subject to Notice, Stop-Payment Order, Legal Process, Or Setoff; Order In Which Items May Be Charged Or Certified
Part 4. Relationship Between Payor Bank and Its Customer
- Ala. Code § 7-4-401 (1975) When Bank May Charge Customer's Account
- Ala. Code § 7-4-402 (1975) Bank's Liability to Customer For Wrongful Dishonor; Time of Determining Insufficiency of Account
- Ala. Code § 7-4-403 (1975) Customer's Right to Stop Payment; Burden of Proof of Loss
- Ala. Code § 7-4-404 (1975) Bank Not Obligated to Pay Check More Than Six Months Old
- Ala. Code § 7-4-405 (1975) Death Or Incompetence of Customer
- Ala. Code § 7-4-406 (1975) Customer's Duty to Discover and Report Unauthorized Signature Or Alteration
- Ala. Code § 7-4-407 (1975) Payor Bank's Right to Subrogation On Improper Payment
Part 5. Collection of Documentary Drafts
- Ala. Code § 7-4-501 (1975) Handling of Documentary Drafts; Duty to Send For Presentment and to Notify Customer of Dishonor
- Ala. Code § 7-4-502 (1975) Presentment of "On Arrival" Drafts
- Ala. Code § 7-4-503 (1975) Responsibility of Presenting Bank For Documents and Goods; Report of Reasons For Dishonor; Referee In Case of Need
- Ala. Code § 7-4-504 (1975) Privilege of Presenting Bank to Deal With Goods; Security Interest For Expenses