Utah § 70A-4-106 Payable through or payable at bank -- Collecting bank.

Utah Statutes

§ 70A-4-106 — Payable through or payable at bank -- Collecting bank.

Utah § 70A-4-106

Title 70AUniform Commercial Code

Ch. 70A-4Uniform Commercial Code - Bank Deposits and Collections

Part 70A-4-1General Provisions and Definitions

This text of Utah § 70A-4-106 (Payable through or payable at bank -- Collecting bank.) is published on Counsel Stack Legal Research, covering Utah primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Utah Code Ann. § 70A-4-106 (2026).

Text

(1)If an item states that it is "payable through" a bank identified in the item:

(1)(a) the item designates the bank as a collecting bank and does not by itself authorize the bank to pay the item; and

(1)(b) the item may be presented for payment only by or through the bank.

(2)If an item states that it is "payable at" a bank identified in the item:

(2)(a) the item designates the bank as a collecting bank and does not by itself authorize the bank to pay the item; and

(2)(b) the item may be presented for payment only by or through the bank.

(3)If a draft names a nonbank drawee and it is unclear whether a bank named in the draft is a codrawee or a collecting bank, the bank is a collecting bank.

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(1) If an item states that it is "payable through" a bank identified in the item:

(1)(a) the item designates the bank as a collecting bank and does not by itself authorize the bank to pay the item; and
(1)(b) the item may be presented for payment only by or through the bank.
(2) If an item states that it is "payable at" a bank identified in the item:

(2)(a) the item designates the bank as a collecting bank and does not by itself authorize the bank to pay the item; and
(2)(b) the item may be presented for payment only by or through the bank.
(3) If a draft names a nonbank drawee and it is unclear whether a bank named in the draft is a codrawee or a collecting bank, the bank is a collecting bank.