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U.S. State Codes
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Alabama
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Title 7 - Commercial Code.
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Article 4 - Bank Deposits a...
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Part 5 - Collection of Documentary Drafts.
Part 5 - Collection of Documentary Drafts.
Section 7-4-501 - Handling of documentary drafts; duty to send for presentment and to notify customer of dishonor.
Section 7-4-502 - Presentment of "on arrival" drafts.
Section 7-4-503 - Responsibility of presenting bank for documents and goods; report of reasons for dishonor; referee in case of need.
Section 7-4-504 - Privilege of presenting bank to deal with goods; security interest for expenses.