Idaho § 28-4-105 “BANK” — “DEPOSITARY BANK” — “INTERMEDIARY BANK” — “COLLECTING BANK” — “PAYOR BANK” — “PRESENTING BANK.”

Idaho Statutes

§ 28-4-105 — “BANK” — “DEPOSITARY BANK” — “INTERMEDIARY BANK” — “COLLECTING BANK” — “PAYOR BANK” — “PRESENTING BANK.”

Idaho § 28-4-105

Title 28COMMERCIAL TRANSACTIONS

Part 1.GENERAL PROVISIONS AND DEFINITIONS

Ch. 4UNIFORM COMMERCIAL CODE — BANK DEPOSITS AND COLLECTIONS

This text of Idaho § 28-4-105 (“BANK” — “DEPOSITARY BANK” — “INTERMEDIARY BANK” — “COLLECTING BANK” — “PAYOR BANK” — “PRESENTING BANK.”) is published on Counsel Stack Legal Research, covering Idaho primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Idaho Code § 28-4-105 (2026).

Text

"Bank" — "Depositary bank" — "Intermediary bank" — "Collecting bank" — "Payor bank" — "Presenting bank." In this chapter:

(1)"Bank" means a person engaged in the business of banking, including a savings bank, savings and loan association, credit union or trust company;

(2)"Depositary bank" means the first bank to take an item even though it is also the payor bank, unless the item is presented for immediate payment over the counter;

(3)"Payor bank" means a bank that is the drawee of a draft;

(4)"Intermediary bank" means a bank to which an item is transferred in course of collection except the depositary or payor bank;

(5)"Collecting bank" means a bank handling the item for collection except the payor bank;

(6)"Presenting bank" means a bank presenting an item except a payor bank.

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"Bank" — "Depositary bank" — "Intermediary bank" — "Collecting bank" — "Payor bank" — "Presenting bank." In this chapter:
(1) "Bank" means a person engaged in the business of banking, including a savings bank, savings and loan association, credit union or trust company;
(2) "Depositary bank" means the first bank to take an item even though it is also the payor bank, unless the item is presented for immediate payment over the counter;
(3) "Payor bank" means a bank that is the drawee of a draft;
(4) "Intermediary bank" means a bank to which an item is transferred in course of collection except the depositary or payor bank;
(5) "Collecting bank" means a bank handling the item for collection except the payor bank;
(6) "Presenting bank" means a bank presenting an item except a payor bank.