355.4-102 Applicability. (1) To the extent that items within this article are also within Articles 3 and 8 of this chapter, they are subject to those articles. If there is conflict, this article governs Article 3 of this chapter but Article 8 of this chapter governs this article. (2) The liability of a bank for action or nonaction with respect to an item handled by it for purposes of presentment, payment, or collection is governed by the law of the place where the bank is located. In the case of action or nonaction by or at a branch or separate office of a bank, its liability is governed by the law of the place where the branch or separate office is located. Effective: January 1, 1997 History: Amended 1996 Ky. Acts ch. 130, sec. 73, effective January 1, 1997. -- Created 1958 Ky. Acts ch. 77, sec. 4-102, effective July 1, 1960.
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