N.Y. UCC Law § 4-106
This is the official text of N.Y. UCC Law § 4-106, 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.
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Separate Office of a Bank
Official statutory text
Section 4--106. Separate Office of a Bank.\n A branch or separate office of a bank is a separate bank for the\npurpose of computing the time within which and determining the place at\nor to which action may be taken or notices or orders shall be given\nunder this Article and under Article 3. The receipt of any notice or\norder by or the knowledge of one branch or separate office of a bank is\nnot actual or constructive notice to or knowledge of any other branch or\noffice of the same bank and does not impair the right of another branch\nor office to be a holder in due course of an item.\n
Status: in_force · Read it on the official government site
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