NY Code - Part 4: RELATIONSHIP BETWEEN PAYOR BANK AND ITS CUSTOMER

Search NY Code - Part 4: RELATIONSHIP BETWEEN PAYOR BANK AND ITS CUSTOMER

• Section 4--401 When Bank May Charge Customer's Account
• Section 4--402 Bank's Liability to Customer for Wrongful Dishonor
• Section 4--403 Customer's Right to Stop Payment; Burden of Proof of Loss
• Section 4--303 (2) A remitter or payee of a cashier's check or certified check may by order to the obligated bank stop payment of such a check, and a remitter or payee of a teller's check may order the obligated bank to order the payor bank to stop payment of such a check, at any time after ninety days from the date of issuance of either a cashier's check or teller's check, and date of certification of a certified check
• Section 4--404 Bank Not Obligated to Pay Check More Than Six Months Old
• Section 4--405 Death or Incompetence of Customer
• Section 4--406 Customer's Duty to Discover and Report Unauthorized Signature or Alteration
• Section 4--407 Payor Bank's Right to Subrogation on Improper Payment
• Section 4-408 Rights and Liabilities of Remitter or Payee With Respect to Cashier's Check, Teller's Check and Certified Check