Wyoming § 34.1-4-106 Payable through or payable at bank; collecting
bank

Wyoming Statutes

§ 34.1-4-106 — Payable through or payable at bank; collecting bank

Wyoming § 34.1-4-106

Title 34.1Uniform Commercial Code

Art. 4BANK DEPOSITS AND COLLECTIONS

This text of Wyoming § 34.1-4-106 (Payable through or payable at bank; collecting bank) is published on Counsel Stack Legal Research, covering Wyoming primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Wyo. Stat. Ann. § 34.1-4-106 (2026).

Text

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

(b)If an item states that it is "payable at" a bank identified in the item, the item is equivalent to a draft drawn on the bank.

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

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(a) If an item states that it is "payable through" a bank
identified in the item, (1) the item designates the bank as a
collecting bank and does not by itself authorize the bank to pay
the item, and (2) the item may be presented for payment only by
or through the bank.
(b) If an item states that it is "payable at" a bank
identified in the item, the item is equivalent to a draft drawn
on the bank.
(c) If a draft names a nonbank drawee and it is unclear
whether a bank named in the draft is a co-drawee or a collecting
bank, the bank is a collecting bank.