Título 11. COMMERCIAL CODE · Capítulo 4. · Artículo 4. BANK DEPOSITS AND COLLECTIONS · Parte 1. GENERAL PROVISIONS AND DEFINITIONS
11-4-108. Time of receipt of items.
Actualizado hasta: Including Acts of the 2025 Regular Session of the General Assembly.
El texto siguiente es la ley tal como la imprime el estado, en inglés.
- (a)
For the purpose of allowing time to process items, prove balances, and make the necessary entries on its books to determine its position for the day, a bank may fix an afternoon hour of 2:00 P.M. or later as a cutoff hour for the handling of money and items and the making of entries on its books.#
- (b)
An item or deposit of money received on any day after a cutoff hour so fixed or after the close of the banking day may be treated as being received at the opening of the next banking day.#
History
Code 1933, § 109A-4-107, enacted by Ga. L. 1962, p. 156, § 1; Code 1981, § 11-4-108, as redesignated by Ga. L. 1996, p. 1306, § 5.
Editor's notes
Ga. L. 1996, p. 1306, § 5, effective July 1, 1996, renumbered former Code Section 11-4-107 as present Code Section 11-4-108 and renumbered former Code Section 11-4-108 as present Code Section 11-4-109.
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Actualizado hasta: Including Acts of the 2025 Regular Session of the General Assembly.
Texto leído de t11-(v9)-2022-pdf.pdf, Volumen V9, edición 2022, páginas 490 a 491; acción de fusión: carried; SHA-256 del archivo ad397fccbf21.