New York § 4-109 Process of Posting

New York Statutes

§ 4-109 — Process of Posting

New York § 4-109

Law UCCUniform Commercial Code

Part 1General Provisions and Definitions

Art. 4Bank Deposits and Collections

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Bluebook

N.Y. Uniform Commercial Code § 4-109 (2026).

Text

Section 4--109. Process of Posting.\n  The "process of posting" means the usual procedure followed by a payor\nbank in determining to pay an item and in recording the payment\nincluding one or more of the following or other steps as determined by\nthe bank:\n  (a) verification of any signature;\n  (b) ascertaining that sufficient funds are available;\n  (c) affixing a "paid" or other stamp;\n  (d) entering a charge or entry to a customer's account;\n  (e) correcting or reversing an entry or erroneous action with respect\nto the item.\n

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Section 4--109. Process of Posting.\n The "process of posting" means the usual procedure followed by a payor\nbank in determining to pay an item and in recording the payment\nincluding one or more of the following or other steps as determined by\nthe bank:\n (a) verification of any signature;\n (b) ascertaining that sufficient funds are available;\n (c) affixing a "paid" or other stamp;\n (d) entering a charge or entry to a customer's account;\n (e) correcting or reversing an entry or erroneous action with respect\nto the item.\n