§ 47-4101 Short title
§ 47-4102 Applicability
§ 47-4103 Variation by agreement; measure of damages; action constituting ordinary care
§ 47-4104 Definitions and index of definitions
§ 47-4105 “Bank”; “depositary bank”; “payor bank”; “intermediary bank”; “collecting bank”; “presenting bank”
§ 47-4106 Payable through or payable at bank; collecting bank
§ 47-4107 Separate office of bank
§ 47-4108 Time of receipt of items
§ 47-4109 Delays
§ 47-4110 Electronic presentment
§ 47-4111 Statute of limitations
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Terms Used In Arizona Laws > Title 47 > Chapter 4 > Article 1 - General Provisions and Definitions

  • Account: means any deposit or credit account with a bank, including a demand, time, savings, passbook, share draft or like account, other than an account evidenced by a certificate of deposit. See Arizona Laws 47-4104
  • Action: includes any matter or proceeding in a court, civil or criminal. See Arizona Laws 1-215
  • Afternoon: means the period of a day between noon and midnight. See Arizona Laws 47-4104
  • Banking day: means the part of a day on which a bank is open to the public for carrying on substantially all of its banking functions. See Arizona Laws 47-4104
  • Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
  • Draft: means a draft as defined in section 47-3104 or an item, other than an instrument, that is an order. See Arizona Laws 47-4104
  • Drawee: means a person ordered in a draft to make payment. See Arizona Laws 47-4104
  • including: means not limited to and is not a term of exclusion. See Arizona Laws 1-215
  • Item: means an instrument or a promise or order to pay money handled by a bank for collection or payment. See Arizona Laws 47-4104
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • Person: includes a corporation, company, partnership, firm, association or society, as well as a natural person. See Arizona Laws 1-215
  • Process: means a citation, writ or summons issued in the course of judicial proceedings. See Arizona Laws 1-215
  • Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
  • Uniform Commercial Code: A set of statutes enacted by the various states to provide consistency among the states' commercial laws. It includes negotiable instruments, sales, stock transfers, trust and warehouse receipts, and bills of lading. Source: OCC