California Commercial Code

§ 4105

COM § 4105 Effective Jan 1, 1993Div. 4 · Ch. 1

Statute text

In this division:

(1)“Bank” means a person engaged in the business of banking, including a savings bank, savings and loan association, credit union, or trust company.

(2)“Depositary bank” means the first bank to take an item even though it is also the payor bank, unless the item is presented for immediate payment over the counter.

…

Legislative history

Amended by Stats. 1992, Ch. 914, Sec. 11. Effective January 1, 1993.