California § 4204 - A collecting bank shall send items by reasonably prompt method, taking into consi
Full text of California Public Contract Code - PCC § 4204 — A collecting bank shall send items by reasonably prompt method, taking into consi, with citation guidance and answers to common questions.
§ 4204. A collecting bank shall send items by reasonably prompt method, taking into consi
(a) A collecting bank shall send items by reasonably prompt method, taking into consideration relevant instructions, the nature of the item, the number of those items on hand, the cost of collection involved, and the method generally used by it or others to present those items. (b) A collecting bank may send: (1) An item directly to the payor bank. (2) An item to a nonbank payor if authorized by its transferor. (3) An item other than documentary drafts to a nonbank payor, if authorized by Federal Reserve regulation or operating circular, clearing house rule, or the like. (c) Presentment may be made by a presenting bank at a place where the payor bank or other payor has requested that presentment be made.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 4204
What does Public Contract Code - PCC § 4204 cover?
Section 4204 ("A collecting bank shall send items by reasonably prompt method, taking into consi") is part of the Public Contract Code - PCC, the codified statutory law of California. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite California § 4204?
A common citation format is "Public Contract Code - PCC § 4204" (California). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of California law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the California official source linked on this page or consult a licensed California attorney.
How does California § 4204 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in California can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in California.