NY Code - Part 5: COLLECTION OF DOCUMENTARY DRAFTS

Section 4--501 Handling of Documentary Drafts; Duty to Send for Presentment and to Notify Customer of Dishonor
Section 4--502 Presentment of "On Arrival" Drafts
Section 4--503 Responsibility of Presenting Bank for Documents and Goods; Report of Reasons for Dishonor; Referee in Case of Need
Section 4--504 Privilege of Presenting Bank to Deal With Goods; Security Interest for Expenses

RELATIONSHIP BETWEEN PAYOR BANK AND ITS CUSTOMER

BANK DEPOSITS AND COLLECTIONS