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Statutes > New York Laws > UCC - Uniform Commercial Code > Article 3 - COMMERCIAL PAPER > Part 1 - (3-101 - 3-122) SHORT TITLE, FORM AND INTERPRETATION > 3-120 - Instruments "Payable Through" Bank.

STATE STATUTES & CODES

NEW YORK STATUTES AND CODES

3-120 - Instruments "Payable Through" Bank.

Section 3--120. Instruments "Payable Through" Bank. An instrument which states that it is "payable through" a bank or the like designates that bank as a collecting bank to make presentment but does not of itself authorize the bank to pay the instrument.

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