Collection of Items: Depositary and Collecting Banks

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This is Part 2 of the Code of Virginia, titled “Collection of Items: Depositary and Collecting Banks.” It is part of Title 8.4 “Commercial Code — Bank Deposits and Collections”.

It’s comprised of the following 19 sections.

§ 8.4-201	Status of collecting bank as agent and provisional status of credits; applicability of title; item endorsed "pay any bank."
§ 8.4-202	Responsibility for collection or return; when action timely
§ 8.4-203	Effect of instructions
§ 8.4-204	Methods of sending and presenting; sending directly to payor bank
§ 8.4-205	Repealed
§ 8.4-205.1	Depositary bank holder of unendorsed item
§ 8.4-206	Transfer between banks
§ 8.4-207	Repealed
§ 8.4-207.1	Transfer warranties
§ 8.4-207.2	Presentment warranties
§ 8.4-207.3	Encoding and retention warranties
§ 8.4-208	Security interest of collecting bank in items, accompanying documents and proceeds
§ 8.4-209	When bank gives value for purposes of holder in due course
§ 8.4-210	Presentment by notice of item not payable by, through or at a bank; liability of drawer or endorser
§ 8.4-211	Repealed
§ 8.4-211.1	Medium and time of settlement by bank
§ 8.4-212	Right of charge-back or refund; liability of collecting banks; return of item
§ 8.4-213	Final payment of item by payor bank; when provisional debits and credits become final; when certain credits become available for withdrawal
§ 8.4-214	Insolvency and preference