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Page 94
... Subsection ( c ) and the failure of the bank to exercise ordinary care contributed to the loss . If the customer proves that the bank did not pay the item in good faith , the preclusion under Subsection ( d ) does not apply . ( f ) ...
... Subsection ( c ) and the failure of the bank to exercise ordinary care contributed to the loss . If the customer proves that the bank did not pay the item in good faith , the preclusion under Subsection ( d ) does not apply . ( f ) ...
Page 95
... Subsection ( f ) amends former subsection ( 4 ) to delete the reference to a three - year period to discover an unauthorized in- dorsement . Section 4-406 imposes no duty on a customer to discover a forged indorsement . Section 4-111 ...
... Subsection ( f ) amends former subsection ( 4 ) to delete the reference to a three - year period to discover an unauthorized in- dorsement . Section 4-406 imposes no duty on a customer to discover a forged indorsement . Section 4-111 ...
Page 96
... subsection ( d ) from as- serting its unauthorized signature or an alteration against a bank in those circum- stances in which under subsection ( c ) the customer should not “ reasonably have dis- covered the unauthorized payment ...
... subsection ( d ) from as- serting its unauthorized signature or an alteration against a bank in those circum- stances in which under subsection ( c ) the customer should not “ reasonably have dis- covered the unauthorized payment ...
Contents
Chapter Page | 6 |
4A Funds Transfers | 111 |
Letters of Credit | 192 |
Copyright | |
2 other sections not shown
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Common terms and phrases
adverse claim agreement Alpha Bank American Law Reports apply Banks and Banking beneficiary beneficiary's bank bill of lading carrier certificated security choice of law clearing corporations collecting bank consignee damages Database on Westlaw delivery depositary bank dishonor Disposition Table Documents of Title draft Edition or ULA effective date enacted Chapter entitlement holder financial asset form Commercial Code funds transfer Historical and Statutory indirect holding system indorsement Investment Securities issued issuer Jur 2d letter of credit liability Library References Louisiana Master Edition ment negotiable notice obligation Originator's Bank owner payment order payor bank provides purchaser receiving bank rule section is similar sections of Chapter securities intermediary security certificate security entitlement security interest sender Statutory Notes Stock Transfer Law subject matter Subsection Texts and Treatises tion ULA Database Uniform Bills Uniform Commercial Code Uniform Laws Annotated Uniform Stock Transfer warehouseman Westlaw Topic