Part 5 Collection of Documentary Drafts (440.4501...440.4504)

  1. Law
  2. Michigan Compiled Laws
  3. Uniform Commercial Code
  4. 174 of 1962 - Uniform Commercial Code (440.1101 - 440.11102)
  5. Bank Deposits and Collections (440.4101...440.4504)
  6. Part 5 Collection of Documentary Drafts (440.4501...440.4504)

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Section
440.4501

Documentary Draft; Presentment, Notice of Dishonor.

Section
440.4502

Documentary Draft; Presentment on Arrival of Goods, Refusal for Non-Arrival; Notice to Transferor.

Section
440.4503

Documentary Draft; Responsibility of Presenting Bank for Documents and Goods; Report of Reasons for Dishonor; Referees; Expenses.

Section
440.4504

Documentary Draft; Presenting Bank's Right to Deal With Goods; Lien for Expenses.