Part 3. Collection of Items: Payor Banks. § 28:4–301. Deferred posting; recovery of payment by return of items; time of dishonor; return of items by payor bank. § 28:4–302. Payor bank’s responsibility for late return of item. § 28:4–303. When items subject to notice, stop-payment order, legal process, or setoff; order in which items may be charged or certified. § 28:4–401. When bank may charge customer’s account. § 28:4–402. Bank’s liability to customer for wrongful dishonor; time of determining insufficiency of account. § 28:4–403. Customer’s right to stop payment; burden of proof of loss. § 28:4–404. Bank not obliged to pay check more than 6 months old. § 28:4–405. Death or incompetence of customer. § 28:4–406. Customer’s duty to discover and report unauthorized signature or alteration. § 28:4–407. Payor bank’s right to subrogation on improper payment. § 28:4–501. Handling of documentary drafts; duty to send for presentment and to notify customer of dishonor. § 28:4–502. Presentment of “on arrival” drafts. § 28:4–503. Responsibility of presenting bank for documents and goods; report of reasons for dishonor; referee in case of need. § 28:4–504. Privilege of presenting bank to deal with goods; security interest for expenses.
