§ 404.201 Status of collecting bank as agent and provisional status of credits; applicability of chapter; item endorsed “pay any bank”
§ 404.202 Responsibility for collection or return; when action timely
§ 404.203 Effect of instructions
§ 404.204 Methods of sending and presenting; sending directly to payer bank
§ 404.205 Depositary bank holder of unendorsed item
§ 404.206 Transfer between banks
§ 404.207 Transfer warranties
§ 404.208 Presentment warranties
§ 404.209 Encoding and retention warranties
§ 404.210 Security interest of collecting bank in items, accompanying documents and proceeds
§ 404.211 When bank gives value for purposes of holder in due course
§ 404.212 Presentment by notice of item not payable by, through or at a bank; liability of drawer or endorser
§ 404.213 Medium and time of settlement by bank
§ 404.214 Right of charge-back or refund; liability of collecting bank; return of item
§ 404.215 Final payment of item by payer bank; when provisional debits and credits become final; when certain credits become available for withdrawal
§ 404.216 Insolvency and preference

Terms Used In Wisconsin Statutes > Chapter 404 > Subchapter II - 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 Wisconsin Statutes 404.104
  • Acquire: when used in connection with a grant of power to any person, includes the acquisition by purchase, grant, gift or bequest. See Wisconsin Statutes 990.01
  • 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 Wisconsin Statutes 404.104
  • Clearinghouse: means an association of banks or other payers regularly clearing items. See Wisconsin Statutes 404.104
  • 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 Wisconsin Statutes 404.104
  • 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 or instructions for uncertificated securities, or other certificates, statements or the like are to be received by the drawee or other payer before acceptance or payment of the draft. See Wisconsin Statutes 404.104
  • Draft: means a draft as defined in…. See Wisconsin Statutes 404.104
  • Drawee: means a person ordered in a draft to make a payment. See Wisconsin Statutes 404.104
  • Following: when used by way of reference to any statute section, means the section next following that in which the reference is made. See Wisconsin Statutes 990.01
  • Item: means an instrument or a promise or order to pay money handled by a bank for collection or payment. See Wisconsin Statutes 404.104
  • 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 all partnerships, associations and bodies politic or corporate. See Wisconsin Statutes 990.01
  • 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.