N.Y. UCC Law § 4-105
This is the official text of N.Y. UCC Law § 4-105, part of New York’s UCC Law — part of the compiled statutory law of New York, published by the state as "UCC Law." Browse the sections below, each linked to its official government source.
Not legal advice. This page reproduces the official text of a government statute for reference only. Laws change, and how a statute applies depends on your specific facts. For advice about your situation, consult a licensed attorney in your state.
"Depositary Bank"; "Intermediary Bank"; "Collecting Bank"; "Payor Bank"; "Presenting Bank"; "Remitting Bank"
Official statutory text
Section 4--105. "Depositary Bank"; "Intermediary Bank"; "Collecting\n Bank"; "Payor Bank"; "Presenting Bank"; "Remitting\n Bank".\n In this Article unless the context otherwise requires:\n (a) "Depositary bank" means the first bank to which an item is\ntransferred for collection even though it is also the payor bank;\n (b) "Payor bank" means a bank by which an item is payable as drawn or\naccepted;\n (c) "Intermediary bank" means any bank to which an item is transferred\nin course of collection except the depositary or payor bank;\n (d) "Collecting bank" means any bank handling the item for collection\nexcept the payor bank;\n (e) "Presenting bank" means any bank presenting an item except a payor\nbank;\n (f) "Remitting bank" means any payor or intermediary bank remitting\nfor an item.\n
Status: in_force · Read it on the official government site
Need a lawyer in New York?
Find a New York lawyer
About this page: Statute text is reproduced from official government publishers via the
Open US Law dataset
(Vaquill AI, snapshot v2026.08, CC BY 4.0). Primary legislative text like this is public domain under the government-edicts doctrine
(Georgia v. Public.Resource.Org, 2020). We link every section back to its official source so you can verify it independently.