California Statutes
§ 4108. — 4108. (Added by renumbering Section 4107 by Stats. 1992, Ch. 914, Sec. 14.)
California § 4108.
JurisdictionCalifornia
Code COMCommercial Code - COM
Div. 4.DIVISION 4. BANK DEPOSITS AND COLLECTIONS
Ch. 1.CHAPTER 1. General Provisions and Definitions
This text of California § 4108. (4108. (Added by renumbering Section 4107 by Stats. 1992, Ch. 914, Sec. 14.)) is published on Counsel Stack Legal Research, covering California primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Cal. Commercial Code - COM Code § 4108. (2026).
Text
(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 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.
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Related
McMullen Oil Co. v. Crysen Refining, Inc. (In Re McMullen Oil Co.)
251 B.R. 558 (C.D. California, 2000)
Legislative History
Added by renumbering Section 4107 by Stats. 1992, Ch. 914, Sec. 14. Effective January 1, 1993.
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Bluebook (online)
California § 4108., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/COM/4108..