Conn. Gen. Stat. § 42a-4-302
This is the official text of Conn. Gen. Stat. § 42a-4-302, part of Connecticut’s Gen. Stat — part of the compiled statutory law of Connecticut, published by the state as "Gen. Stat." Browse the sections below, each linked to its official government source.
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Sec. 42a-4-302. Payor bank's responsibility for late return of item.
Official statutory text
(b) The liability of a payor bank to pay an item pursuant to subsection (a) is subject to defenses based on breach of a presentment warranty under section 42a-4-208 or proof that the person seeking enforcement of the liability presented or transferred the item for the purpose of defrauding the payor bank.
See Sec. 42a-4-207 (1) re warranties of customer and collecting bank on transfer or presentment of items.
Cited. 230 C. 486; 232 C. 167.
See Sec. 42a-4-207 (1) re warranties of customer and collecting bank on transfer or presentment of items.
Cited. 230 C. 486; 232 C. 167.
Status: in_force · Read it on the official government site
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