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89 chapters · 1,810 sections in this title.
6 Del. C. § 4-213. Medium and time of settlement by bank.
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§ 4-213. Medium and time of settlement by bank. (a) With respect to settlement by a bank, the medium and time of settlement may be prescribed by Federal Reserve regulations or circulars, clearing-house rules, and the like, or agreement. In the absence of such prescription: (1) Th…
6 Del. C. § 4-214. Right of charge-back or refund; liability of collecting bank; return of item.
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§ 4-214. Right of charge-back or refund; liability of collecting bank; return of item. (a) If a collecting bank has made provisional settlement with its customer for an item and fails by reason of dishonor, suspension of payments by a bank, or otherwise to receive settlement for …
6 Del. C. § 4-215. Final payment of item by payor bank; when provisional debits and credits become final; when certain credits become available for withdrawal.
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§ 4-215. Final payment of item by payor bank; when provisional debits and credits become final; when certain credits become available for withdrawal. (a) An item is finally paid by a payor bank when the bank has first done any of the following: (1) Paid the item in cash; (2) Sett…
6 Del. C. § 4-216. Insolvency and preference.
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§ 4-216. Insolvency and preference. (a) If an item is in or comes into the possession of a payor or collecting bank that suspends payment and the item has not been finally paid, the item must be returned by the receiver, trustee, or agent in charge of the closed bank to the prese…