Business & Commerce Code § 4.501
A bank that takes a documentary draft for collection must send the draft and accompanying documents for presentment, and if the draft is not paid or accepted in due course, it must notify its customer.
- Jurisdiction
- United States — Texas
- Instrument
- Code
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- Undated source snapshot
- Language
- en
- Official source
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collection dishonor notice documentary drafts presentment
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Business & Commerce Code § 4.501
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