HRS § 490-4-205 - Depositary bank holder of unindorsed item
If a customer gives an item to a depositary bank for collection, the bank becomes the item’s holder on receipt, may qualify as holder in due course if section 490:3-302 is met, and warrants certain payees that the item amount was paid to the customer or deposited to the customer’s account.
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- United States — Hawaii
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HRS § 490-4-205 - Depositary bank holder of unindorsed item
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