§ 404.102 Applicability
§ 404.103 Variation by agreement; measure of damages; action constituting ordinary care
§ 404.104 Definitions and index of definitions
§ 404.105 “Bank”; “collecting bank”; “depository bank”; “intermediary bank”; “payer bank”; “presenting bank”
§ 404.106 Payable through or payable at bank; collecting bank
§ 404.107 Separate office of a bank
§ 404.108 Time of receipt of items
§ 404.109 Delays
§ 404.110 Electronic presentment
§ 404.111 Statute of limitations
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Terms Used In Wisconsin Statutes > Chapter 404 > Subchapter I - 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 Wisconsin Statutes 404.104
  • Afternoon: means the period of a day between noon and midnight. See Wisconsin Statutes 404.104
  • 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 Wisconsin Statutes 404.104
  • Clearinghouse: means an association of banks or other payers regularly clearing items. See Wisconsin Statutes 404.104
  • 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…. See Wisconsin Statutes 404.104
  • Drawee: means a person ordered in a draft to make a payment. See Wisconsin Statutes 404.104
  • Following: when used by way of reference to any statute section, means the section next following that in which the reference is made. See Wisconsin Statutes 990.01
  • Item: means an instrument or a promise or order to pay money handled by a bank for collection or payment. See Wisconsin Statutes 404.104
  • 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 all partnerships, associations and bodies politic or corporate. See Wisconsin Statutes 990.01
  • 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.