§ 6A-4-401 When bank may charge customer’s account
§ 6A-4-402 Bank’s liability to customer for wrongful dishonor — Time of determining insufficiency of account
§ 6A-4-403 Customer’s right to stop payment — Burden of proof of loss
§ 6A-4-404 Bank not obliged to pay check more than six months old
§ 6A-4-405 Death or incompetence of customer
§ 6A-4-406 Customer’s duty to discover and report unauthorized signature or alteration
§ 6A-4-407 Payor bank’s right to subrogation on improper payment

Terms Used In Rhode Island General Laws > Chapter 6A-4 > Part 4 - Relationship Between Payor Bank and It's Customer

  • 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;

    (2)  "Afternoon" means the period of a day between noon and midnight;

    (3)  "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;

    (4)  "Clearing house" means an association of banks or other payors regularly clearing items;

    (5)  "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;

    (6)  "Documentary draft" means a draft to be presented for acceptance or payment if specified documents, certificated securities (§ 6A-8-102) or instructions for uncertificated securities (§ 6A-8-102), or other certificates, statements, or the like are to be received by the drawee or other payor before acceptance or payment of the draft;

    (7)  "Draft" means a draft as defined in § 6A-3-104 or an item, other than an instrument, that is an order;

    (8)  "Drawee" means a person ordered in a draft to make payment;

    (9)  "Item" means an instrument or a promise or order to pay money handled by a bank for collection or payment. See Rhode Island General Laws 6A-4-104

  • Appeal: A request made after a trial, asking another court (usually the court of appeals) to decide whether the trial was conducted properly. To make such a request is "to appeal" or "to take an appeal." One who appeals is called the appellant.
  • Arrest: Taking physical custody of a person by lawful authority.
  • Conviction: A judgement of guilt against a criminal defendant.
  • Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
  • Director: means the director of environmental management of the state of Rhode Island, and his or her authorized agents. See Rhode Island General Laws 2-18.1-2
  • in writing: include printing, engraving, lithographing, and photo-lithographing, and all other representations of words in letters of the usual form. See Rhode Island General Laws 43-3-16
  • Nursery: means any grounds or premises on or in which nursery stock is propagated, grown, or cultivated, or from which nursery stock is collected for sale purposes. See Rhode Island General Laws 2-18.1-2
  • Nursery stock: means all hardy, deciduous and evergreen trees, shrubs, vines and other plants having a persistent woody stem, whether wild or cultivated, and plant parts, for and capable of propagation. See Rhode Island General Laws 2-18.1-2
  • 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: means a corporation, company, society, association, partnership, governmental agency, and any individual or combination of individuals. See Rhode Island General Laws 2-18.1-2
  • person: may be construed to extend to and include co-partnerships and bodies corporate and politic. See Rhode Island General Laws 43-3-6
  • Prosecute: To charge someone with a crime. A prosecutor tries a criminal case on behalf of the government.