§ 34.1-4-110 — Electronic presentment

Wyoming § 34.1-4-110

• Jurisdiction: Wyoming
• Title 34.1: Uniform Commercial Code
• Art. 4: BANK DEPOSITS AND COLLECTIONS

Text

(a) "Agreement for electronic presentment" means an
agreement, clearing-house rule, or Federal Reserve regulation or
operating circular, providing that presentment of an item may be
made by transmission of an image of an item or information
describing the item ("presentment notice") rather than delivery
of the item itself. The agreement may provide for procedures
governing retention, presentment, payment, dishonor, and other
matters concerning items subject to the agreement.
(b) Presentment of an item pursuant to an agreement for
presentment is made when the presentment notice is received.
(c) If presentment is made by presentment notice, a
reference to "item" or "check" in this article means the
presentment notice unless the context otherwise indicates.