Public and Local Acts of the Legislature of the State of MichiganLegislative Service Bureau, 1963 - 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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ACT to amend administrative amend section amended by Act amended to read amount Annexed in accordance application Approved April authorized bill of lading buyer certificate collateral Commercial paper commission commissioner Compiled Laws contract corporation court Definition delivery deposits and collections Documents of title drain commissioner election employees entitled An act entitled as amended fees feet following described territory fund hereby amended highway holder indorsement instrument Investment securities issuer June 30 last amended Letters of credit license lien line of section Michigan enact Michigan state police notice operation payment penalties person powers and duties prescribe provisions of Act Public Acts purchaser read as follows receipt registration regulations repeal certain acts retirement school district secretary Section amended secured party Secured transactions security interest seller thence south thence west thereof township vehicle votes warranties Washtenaw county west line