STATUTES

STATE STATUTES & CODES

MICHIGAN STATUTES AND CODES

174-1962-4-5 - PART 5 COLLECTION OF DOCUMENTARY DRAFTS (440.4501...440.4504)

Section 440.4501 - Documentary draft; presentment, notice of dishonor.
Section 440.4502 - Documentary draft; presentment on arrival of goods, refusal for non-arrival; notice to transferor.
Section 440.4503 - Documentary draft; responsibility of presenting bank for documents and goods; report of reasons for dishonor; referees; expenses.
Section 440.4504 - Documentary draft; presenting bank's right to deal with goods; lien for expenses.

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