Provision text match · United States — Iowa · en
Iowa Code § 554.4105 - “Bank” — “depositary bank” — “intermediary bank” — “collecting bank” — “payor bank” — “presenting bank”
unknown Code Document — Iowa Code § 554.4105 - “Bank” — “depositary bank” — “intermediary bank” — “collecting bank” — “payor bank” — “presenting bank”
Iowa Code § 554.4105 - “Bank” — “depositary bank” — “intermediary bank” — “collecting bank” — “payor bank” — “presenting bank”
In this Article: 1. “Bank” means a person engaged in the business of banking, including a savings bank, savings and loan association, credit union, or trust company. 2. “Depositary bank” means the first bank to take an item even though it is also the payor bank, unless the item is presented for immediate payment over the counter. 3. “Payor bank” means a bank
Topics: banking, check collection, payment instruments