400.4-110. Electronic presentment. - Missouri Statutes

State Codes and Statutes

Statutes > Missouri > T26 > C400 > 400_4-110

Electronic presentment.

400.4-110. (a) "Agreement for electronic presentment"means an agreement, clearing-house rule, or Federal Reserveregulation or operating circular, providing that presentment ofan item may be made by transmission of an image of an item orinformation describing the item ("presentment notice") ratherthan delivery of the item itself. The agreement may provide forprocedures governing retention, presentment, payment, dishonor,and other matters concerning items subject to the agreement.

(b) Presentment of an item pursuant to an agreement forpresentment is made when the presentment notice is received.

(c) If presentment is made by presentment notice, areference to "item" or "check" in this Article means thepresentment notice unless the context otherwise indicates.

(L. 1992 S.B. 448)

State Codes and Statutes

Statutes > Missouri > T26 > C400 > 400_4-110

Electronic presentment.

400.4-110. (a) "Agreement for electronic presentment"means an agreement, clearing-house rule, or Federal Reserveregulation or operating circular, providing that presentment ofan item may be made by transmission of an image of an item orinformation describing the item ("presentment notice") ratherthan delivery of the item itself. The agreement may provide forprocedures governing retention, presentment, payment, dishonor,and other matters concerning items subject to the agreement.

(b) Presentment of an item pursuant to an agreement forpresentment is made when the presentment notice is received.

(c) If presentment is made by presentment notice, areference to "item" or "check" in this Article means thepresentment notice unless the context otherwise indicates.

(L. 1992 S.B. 448)

State Codes and Statutes

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State Codes and Statutes

Statutes > Missouri > T26 > C400 > 400_4-110

Electronic presentment.

400.4-110. (a) "Agreement for electronic presentment"means an agreement, clearing-house rule, or Federal Reserveregulation or operating circular, providing that presentment ofan item may be made by transmission of an image of an item orinformation describing the item ("presentment notice") ratherthan delivery of the item itself. The agreement may provide forprocedures governing retention, presentment, payment, dishonor,and other matters concerning items subject to the agreement.

(b) Presentment of an item pursuant to an agreement forpresentment is made when the presentment notice is received.

(c) If presentment is made by presentment notice, areference to "item" or "check" in this Article means thepresentment notice unless the context otherwise indicates.

(L. 1992 S.B. 448)