§ 6A-4-501 Handling of documentary drafts — Duty to send for presentment and to notify customer of dishonor
§ 6A-4-502 Presentment of “on arrival” drafts
§ 6A-4-503 Responsibility of presenting bank for documents and goods — Report of reasons for dishonor — Referee in case of need
§ 6A-4-504 Privilege of presenting bank to deal with goods — Security interest for expenses
§ 6A-4-505 Official Comments
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Terms Used In Rhode Island General Laws > Chapter 6A-4 > Part 5 - Collection of Documentary Drafts

  • Arboriculture: means the business or practice of pruning, trimming, spraying or repairing fruit, shade and ornamental trees, and includes any lines of work that are commonly included under the terms tree surgery, tree dentistry, tree spraying, tree pruning, and the work of foresters and entomologists as applied to the care of fruit, shade, forest and ornamental trees and shrubs. See Rhode Island General Laws 2-19-4.1
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • 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
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • 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: 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.