Título 11. COMMERCIAL CODE · Capítulo 4. · Artículo 4. BANK DEPOSITS AND COLLECTIONS · Parte 2. COLLECTION OF ITEMS: DEPOSITARY AND COLLECTING BANKS
11-4-209. Encoding and retention warranties.
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)
A person who encodes information on or with respect to an item after issue warrants to any subsequent collecting bank and to the payor bank or other payor that the information is correctly encoded. If the customer of a depositary bank encodes, that bank also makes the warranty.#
- (b)
A person who undertakes to retain an item pursuant to an agreement for electronic presentment warrants to any subsequent collecting bank and to the payor bank or other payor that retention and presentment of the item comply with the agreement. If a customer of a depositary bank undertakes to retain an item, that bank also makes this warranty.#
- (c)
A person to whom warranties are made under this Code section and who took the item in good faith may recover from the warrantor as damages for breach of warranty an amount equal to the loss suffered as a result of the breach, plus expenses and loss of interest incurred as a result of the breach.#
History
Code 1981, § 11-4-209, enacted by Ga. L. 1996, p. 1306, § 8.
Editor's notes
Ga. L. 1996, p. 1306, § 9, effective July 1, 1996, renumbered former Code Section 11-4-209 as present Code Section 11-4-211 and Ga. L. 1996, p. 1306, § 8 added this Code section.
Leer la página oficial (el PDF del estado, abierto en la página de la que se leyó este texto).
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 504 a 505; acción de fusión: carried; SHA-256 del archivo ad397fccbf21.