Minnesota Statutes § 336.4-205 - 336.4-205 DEPOSITARY BANK HOLDER OF UNENDORSED ITEM.
If a customer delivers an item to a depositary bank for collection, the bank becomes a holder when it receives the item, if the customer was a holder when delivering it, even without endorsement.
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banking collections endorsement
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Minnesota Statutes § 336.4-205 - 336.4-205 DEPOSITARY BANK HOLDER OF UNENDORSED ITEM.
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