BANK DEPOSITS AND COLLECTIONS
M.G.L. c. 106, § Article 4
in effectc. 106, § Article 4. BANK DEPOSITS AND COLLECTIONS
Section 4-101 Short Title
Section 4-102 Applicability
Section 4-103 Variation by Agreement; Measure of Damages; Action Constituting Ordinary Care
Section 4-104 Definitions and Index of Definitions
Section 4-105 Bank; Depositary Bank; Payor Bank; Intermediary Bank; Collecting Bank; Presenting Bank
Section 4-106 Payable Through or Payable at Bank; Collecting Bank
Section 4-107 Separate Office of Bank
Section 4-108 Time of Receipt of Items
Section 4-109 Delays
Section 4-110 Electronic Presentment
Section 4-111 Statute of Limitations
Section 4-201 Status of Collecting Bank as Agent and Provisional Status of Credits; Applicability of Article; Item Indorsed Pay Any Bank
Section 4-202 Responsibility for Collection or Return; When Action Timely
Section 4-203 Effect of Instructions
Section 4-204 Methods of Sending and Presenting; Sending Direct to Payor Bank
Section 4-205 Depositary Bank Holder of Unindorsed Item
Section 4-206 Transfer Between Banks
Section 4-207 Transfer Warranties
Section 4-208 Presentment Warranties
Section 4-209 Encoding and Retention Warranties
Section 4-210 Security Interest of Collecting Bank in Items, Accompanying Documents and Proceeds
Section 4-211 When Bank Gives Value for Purposes of Holder in Due Course
Section 4-212 Presentment by Notice of Item not Payable by, through, or at Bank; Liability of Drawer or Indorser
Section 4-213 Medium and Time of Settlement by Bank
Section 4-214 Right of Charge–Back or Refund; Liability of Collecting Bank; Return of Item
Section 4-215 Final Payment of Item by Payor Bank; When Provisional Debits and Credits Become Final; When Certain Credits Become Available for Withdrawal
Section 4-216 Insolvency and Preference
Section 4-301 Deferred Posting; Recovery of Payment by Return of Items; Time of Dishonor; Return of Items by Payor Bank
Section 4-302 Payor Bank's Responsibility for Late Return of Item
Section 4-303 When Items Subject to Notice, Stop-Payment Order, Legal Process, or Setoff; Order in Which Items may be Charged or Certified
Section 4-401 When Bank May Charge Customer's Account
Section 4-402 Bank's Liability to Customer for Wrongful Dishonor; Time of Determining Insufficiency of Account
Section 4-403 Customer's Right to Stop Payment; Burden of Proof of Loss
Section 4-404 Bank Not Obliged to Pay Check More Than Six Months Old
Section 4-405 Death or Incompetence of Customer
Section 4-406 Customer's Duty to Discover and Report Unauthorized Signature or Alteration
Section 4-407 Payor Bank's Right to Subrogation on Improper Payment
Section 4-501 Handling of Documentary Drafts; Duty to Send for Presentment and to Notify Customer of Dishonor
Section 4-502 Presentment of ''On Arrival'' Drafts
Section 4-503 Responsibility of Presenting Bank for Documents and Goods; Report of Reasons for Dishonor; Referee in Case of Need
Section 4-504 Privilege of Presenting Bank to Deal with Goods; Security Interest for Expenses
Source: Massachusetts General Court (malegislature.gov)URL: https://malegislature.gov/Laws/GeneralLaws/PartI/TitleXV/Chapter106/Article4Fetched: 10/20/2026