§490:4-105  "Bank";
"depositary bank"; "payor bank"; "intermediary
bank"; "collecting bank"; "presenting bank".  In
this article:



(1)  "Bank" means a person engaged in the
business of banking, including a savings bank, savings and loan association,
credit union, or trust company;



(2)  "Depositary bank" means the first bank
to take an item even though it is also the payor bank, unless the item is
presented for immediate payment over the counter;



(3)  "Payor bank" means a bank that is the
drawee of a draft;



(4)  "Intermediary bank" means a bank to
which an item is transferred in course of collection except the depositary or
payor bank;



(5)  "Collecting bank" means a bank handling
an item for collection, except the payor bank;



(6)  "Presenting bank" means a bank
presenting an item, except a payor bank. [L 1965, c 208, §4-105; HRS
§490:4-105; am L 1991, c 118, pt of §4]