Kentucky Revised Statutes
Includes enactments through the 2024 Regular Session
The KRS database was last updated on 09/10/2024
.4-101 Short title.
.4-102 Applicability.
.4-103 Variation by agreement -- Measure of damages -- Action constituting ordinary care.
.4-104 Definitions and index of definitions.
.4-105 "Depositary bank" -- "Payor bank" -- "Intermediary bank" -- "Collecting bank" -- "Presenting bank."
.4-106 Payable through or payable at bank -- Collecting bank.
.4-107 Separate office of a bank.
.4-108 Time of receipt of items.
.4-109 Delays.
.4-110 Electronic presentment.
.4-111 Statute of limitations.
.4-201 Status of collecting bank as agent and provisional status of credits -- Applicability of article -- Item indorsed "pay any bank."
.4-202 Responsibility for collection or return -- When action timely.
.4-203 Effect of instructions.
.4-204 Methods of sending and presenting -- Sending directly to payor bank.
.4-205 Depositary bank holder of unindorsed item.
.4-206 Transfer between banks.
.4-207 Transfer warranties.
.4-208 Presentment warranties. (Effective until January 1, 2025)
.4-208 Presentment warranties. (Effective January 1, 2025)
.4-209 Encoding and retention warranties.
.4-210 Security interest of collecting bank in items, accompanying documents, and proceeds.
.4-211 When bank gives value for purposes of holder in due course.
.4-212 Presentment by notice of item not payable by, through, or at bank -- Liability of drawer or indorser.
.4-213 Medium and time of settlement by bank.
.4-214 Right of charge-back or refund -- Liability of collecting bank -- Return of item.
.4-215 Final payment of item by payor bank -- When provisional debits and credits become final -- When certain credits become available for withdrawal.
.4-216 Insolvency and preference.
.4-301 Deferred posting -- Recovery of payment by return of items -- Time of dishonor -- Return of items by payor bank.
.4-302 Payor bank's responsibility for late return of item.
.4-303 When items subject to notice, stop-payment order, legal process, or setoff -- Order in which items may be charged or certified.
.4-401 When bank may charge customer's account.
.4-402 Bank's liability to customer for wrongful dishonor -- Time of determining insufficiency of account.
.4-403 Customer's right to stop payment -- Burden of proof of loss.
.4-404 Bank not obligated to pay check more than six months old.
.4-405 Death or incompetence of customer.
.4-406 Customer's duty to discover and report unauthorized signature or alteration.
.4-407 Payor bank's right to subrogation on improper payment.
.4-501 Handling of documentary drafts -- Duty to send for presentment and to notify customer of dishonor.
.4-502 Presentment of "on arrival" drafts.
.4-503 Responsibility of presenting bank for documents and goods -- Report of reasons for dishonor -- Referee in case of need.
.4-504 Privilege of presenting bank to deal with goods -- Security interest for expenses.