§ 47-4201 Status of collecting bank as agent and provisional status of credits; applicability of chapter; item indorsed “pay any bank”
§ 47-4202 Responsibility for collection or return; when action timely
§ 47-4203 Effect of instructions
§ 47-4204 Methods of sending and presenting; sending directly to payor bank
§ 47-4205 Depositary bank holder of unindorsed item
§ 47-4206 Transfer between banks
§ 47-4207 Transfer warranties
§ 47-4208 Presentment warranties
§ 47-4209 Encoding and retention warranties
§ 47-4210 Security interest of collecting bank in items, accompanying documents and proceeds
§ 47-4211 When bank gives value for purposes of holder in due course
§ 47-4212 Presentment by notice of item not payable by, through or at a bank; liability of drawer or indorser
§ 47-4213 Medium and time of settlement by bank
§ 47-4214 Right of charge-back or refund; liability of collecting bank; return of item
§ 47-4215 Final payment of item by payor bank; when provisional debits and credits become final; when certain credits become available for withdrawal
§ 47-4216 Insolvency and preference

Terms Used In Arizona Laws > Title 47 > Chapter 4 > Article 2 - Collection of Items; Depositary and Collecting Banks

  • Account: means any deposit or credit account with a bank, including a demand, time, savings, passbook, share draft or like account, other than an account evidenced by a certificate of deposit. See Arizona Laws 47-4104
  • Action: includes any matter or proceeding in a court, civil or criminal. See Arizona Laws 1-215
  • Banking day: means the part of a day on which a bank is open to the public for carrying on substantially all of its banking functions. See Arizona Laws 47-4104
  • Clearing house: means an association of banks or other payors regularly clearing items. See Arizona Laws 47-4104
  • Continuance: Putting off of a hearing ot trial until a later time.
  • Customer: means a person having an account with a bank or for whom a bank has agreed to collect items, including a bank that maintains an account at another bank. See Arizona Laws 47-4104
  • Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
  • Discovery: Lawyers' examination, before trial, of facts and documents in possession of the opponents to help the lawyers prepare for trial.
  • Documentary draft: means a draft to be presented for acceptance or payment if specified documents, certificated securities (section 47-8102) or instructions for uncertificated securities (section 47-8102) or other certificates, statements or the like are to be received by the drawee or other payor before acceptance or payment of the draft. See Arizona Laws 47-4104
  • Draft: means a draft as defined in section 47-3104 or an item, other than an instrument, that is an order. See Arizona Laws 47-4104
  • Drawee: means a person ordered in a draft to make payment. See Arizona Laws 47-4104
  • Item: means an instrument or a promise or order to pay money handled by a bank for collection or payment. See Arizona Laws 47-4104
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • Person: includes a corporation, company, partnership, firm, association or society, as well as a natural person. See Arizona Laws 1-215
  • Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
  • Statute: A law passed by a legislature.
  • Trustee: A person or institution holding and administering property in trust.