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Texas Business & Commerce Code

§ 4.104 — DEFINITIONS AND INDEX OF DEFINITIONS

BC § 4.104Title 1. UNIFORM COMMERCIAL CODE · Ch. 4. BANK DEPOSITS AND COLLECTIONS · Art. A. GENERAL PROVISIONS AND DEFINITIONS

Statute text

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(a)In this chapter, unless the context otherwise requires:
(1)"Account" means any deposit or credit account with a bank, including a demand, time, savings, passbook, share draft, or like account, other than an account evidenced by a certificate of deposit.
(2)"Afternoon" means the period of a day between noon and midnight.
(3)"Banking day" means the part of a day on which a bank is open to the public for carrying on substantially all of its banking functions.
(4)"Clearing house" means an association of banks or other payors regularly clearing items.
(5)"Customer" means a person having an account with a bank or for whom a bank has agreed to collect items, including a bank that maintains an account at another bank.

Legislative history

Acts 2005, 79th Leg., Ch. 95 (S.B. 1563), Sec. 15, eff. September 1, 2005. Acts 2005, 79th Leg., Ch. 122 (S.B. 1593), Sec. 16, eff. September 1, 2005.

Source: Texas Business & Commerce Code § 4.104 from the Texas Constitution and Statutes (Texas Legislature) (public record). DecisionDepot is for informational use only and is not legal advice — verify against the official source before relying on this text.