§490:4-110  Electronic presentment. 
(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. [L 1991, c
118, pt of §4]