28-4-501 Handling of Documentary Drafts — Duty to Send for Presentment and to Notify Customer of Dishonor
28-4-502 Presentment of “On Arrival” Drafts
28-4-503 Responsibility of Presenting Bank for Documents and Goods — Report of Reasons for Dishonor — Referee in Case of Need
28-4-504 Privilege of Presenting Bank to Deal With Goods — Security Interest for Expenses
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Terms Used In Idaho Code > Title 28 > Chapter 4 > Part 5 - Collection of Documentary Drafts

  • Customer: means any person having an account with a bank or for whom a bank has agreed to collect items, including a bank that maintains an account at another bank;
Idaho Code 28-4-104
  • Documentary draft: means a draft to be presented for acceptance or payment if specified documents, certificated securities (section 28-8-102) or instructions for uncertificated securities (section 28-8-102), or other certificates, statements, or the like are to be received by the drawee or other payor before acceptance or payment of the draft;
    • Idaho Code 28-4-104
  • Draft: means a draft as defined in section 28-3-104 or an item, other than an instrument, that is an order;
    • Idaho Code 28-4-104
  • Drawee: means a person ordered in a draft to make payment;
    • Idaho Code 28-4-104
  • Extradition: The formal process of delivering an accused or convicted person from authorities in one state to authorities in another state.
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • 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.
  • State: when applied to the different parts of the United States, includes the District of Columbia and the territories; and the words "United States" may include the District of Columbia and territories. See Idaho Code 73-114