United States — Louisiana Act or statute

United States — Louisiana legislation

RS 10:4-110

This section says electronic presentment may be done by sending a presentment notice instead of delivering the item itself.

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“This section says electronic presentment may be done by sending a presentment notice instead of delivering the item itself.”

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RS 10:4-110

This section says electronic presentment may be done by sending a presentment notice instead of delivering the item itself.

Section 10:4-110

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§ 10:4-110RS 10:4-110Provision

This section says electronic presentment may be done by sending a presentment notice instead of delivering the item itself.

§4-110. Electronic presentment (a) "Agreement for electronic presentment" means an agreement, clearing-house rule, or Federal Reserve regulation or operating circular, providing that presentment of an item may be made by transmission of an image of an item or information describing the item ("presentment notice") rather than delivery of the item itself. The agreement may provide for procedures governing retention, presentment, payment, dishonor, and other matters concerning items subject to the agreement. (b) Presentment of an item pursuant to an agreement for presentment is made when the presentment notice is received. (c) If presentment is made by presentment notice, a reference to "item" or "check" in this Chapter means the presentment notice unless the context otherwise indicates. Acts 1992, No. 1133, §4, eff. July 1, 1993; Acts 1993, No. 948, §10, eff. Jan. 1, 1994.
Section 10:4-110Verify source

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