§ 336.4-501 Handling of Documentary Drafts; Duty to Send for Presentment and to Notify Customer of Dishonor
§ 336.4-502 Presentment of “On Arrival” Drafts
§ 336.4-503 Responsibility of Presenting Bank for Documents and Goods; Report of Reasons for Dishonor; Referee in Case of Need
§ 336.4-504 Privilege of Presenting Bank to Deal With Goods; Security Interest for Expenses

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Terms Used In Minnesota Statutes > Chapter 336 > Article 4 > Part 5 - Collection of Documentary Drafts

  • Commissioner: means the commissioner of the Department of Administration. See Minnesota Statutes 13.02
  • Data on individuals: means all government data in which any individual is or can be identified as the subject of that data, unless the appearance of the name or other identifying data can be clearly demonstrated to be only incidental to the data and the data are not accessed by the name or other identifying data of any individual. See Minnesota Statutes 13.02
  • Draft: means a draft as defined in section 336. See Minnesota Statutes 336.4-104
  • Drawee: means a person ordered in a draft to make payment;

    (9) "Item" means an instrument or a promise or order to pay money handled by a bank for collection or payment. See Minnesota Statutes 336.4-104

  • Government data: means all data collected, created, received, maintained or disseminated by any government entity regardless of its physical form, storage media or conditions of use. See Minnesota Statutes 13.02
  • Government entity: means a state agency, statewide system, or political subdivision. See Minnesota Statutes 13.02
  • individual: includes a parent or guardian or an individual acting as a parent or guardian in the absence of a parent or guardian, except that the responsible authority shall withhold data from parents or guardians, or individuals acting as parents or guardians in the absence of parents or guardians, upon request by the minor if the responsible authority determines that withholding the data would be in the best interest of the minor. See Minnesota Statutes 13.02
  • 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.
  • Person: means any individual, partnership, corporation, association, business trust, or a legal representative of an organization. See Minnesota Statutes 13.02
  • state: extends to and includes the District of Columbia and the several territories. See Minnesota Statutes 645.44
  • Summary data: means statistical records and reports derived from data on individuals but in which individuals are not identified and from which neither their identities nor any other characteristic that could uniquely identify an individual is ascertainable. See Minnesota Statutes 13.02