Public and Local Acts of the Legislature of the State of MichiganDepartment of Management and Budget, 1962 - Detroit (Mich.) Includes regular and extra sessions. |
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Page 256
... bank , payor bank , intermediary bank , collecting bank , presenting bank , remitting bank . [ M.S.A. 19.4105 ] Sec . 4105. In this article unless the context otherwise requires : ( a ) " Depositary bank " means the first bank to which ...
... bank , payor bank , intermediary bank , collecting bank , presenting bank , remitting bank . [ M.S.A. 19.4105 ] Sec . 4105. In this article unless the context otherwise requires : ( a ) " Depositary bank " means the first bank to which ...
Page 257
... bank has purchased the item and is the owner of it . Indorsement pay any bank . ( 2 ) After an item has been indorsed with the words " pay any bank " or the like , only a bank may acquire the rights of a holder ( a ) until the item has ...
... bank has purchased the item and is the owner of it . Indorsement pay any bank . ( 2 ) After an item has been indorsed with the words " pay any bank " or the like , only a bank may acquire the rights of a holder ( a ) until the item has ...
Page 261
... bank ; final credit ; availability of credit for withdrawal . [ M.S.A. 19.4213 ] Sec . 4213. ( 1 ) An item is finally paid by a payor bank when the bank has done any of the following , whichever happens first : ( a ) paid the item in ...
... bank ; final credit ; availability of credit for withdrawal . [ M.S.A. 19.4213 ] Sec . 4213. ( 1 ) An item is finally paid by a payor bank when the bank has done any of the following , whichever happens first : ( a ) paid the item in ...
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acceptance accordance ACT to amend action addition administrative agency agreement amended amended by Act amount annexation application appointed appropriations Approved association authorized bank building buyer charge civil collateral collection Commercial paper commission commissioner Compiled Laws contain contract corporation court Definition delivery deposits described document duties east effect election employees entitled established fees feet filed fund hereby amended indorsement issued land less license limits manner means Michigan enact necessary notice operation otherwise paid party payment person powers prescribe present proceedings Public Acts purchaser read as follows reasonable receipt received Record registration regulations repeal respect retirement school district secretary Secured transactions security interest seller statement term territory thence south thereof township transfer unless vehicle votes