Oklahoma § 12A-4-108 Time of Receipt of Items.

Oklahoma Statutes

§ 12A-4-108 — Time of Receipt of Items.

Oklahoma § 12A-4-108

Title 12AUniform Commercial Code

This text of Oklahoma § 12A-4-108 (Time of Receipt of Items.) is published on Counsel Stack Legal Research, covering Oklahoma primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Okla. Stat. tit. 12A, § 12A-4-108 (2026).

Text

TIME OF RECEIPT OF ITEMS (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 cut-off 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 cut-off 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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TIME OF RECEIPT OF ITEMS (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 cut-off 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 cut-off so fixed or after the close of the banking day may be treated as being received at the opening of the next banking day.