Michigan § 440.4108 - Time of receipt of items.
Full text of Michigan Michigan Compiled Laws § 440.4108 — Time of receipt of items., with citation guidance and answers to common questions.
§ 440.4108. Time of receipt of items.
For the purpose of allowing time to process items, prove balances and make the necessary entries on its books to determine its position for the day, a bank may fix an afternoon hour of 2 P.M. or later as a cut-off hour for the handling of money and items and the making of entries on its books.
An item or deposit of money received on any day after a cut-off hour so fixed or after the close of the banking day may be treated as being received at the opening of the next banking day.
Source: official Michigan text · Last verified 2026-08-27
Frequently Asked Questions About Michigan § 440.4108
What does Michigan Compiled Laws § 440.4108 cover?
Section 440.4108 ("Time of receipt of items.") is part of the Michigan Compiled Laws, the codified statutory law of Michigan. 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 Michigan § 440.4108?
A common citation format is "Michigan Compiled Laws § 440.4108" (Michigan). 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 Michigan law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Michigan official source linked on this page or consult a licensed Michigan attorney.
How does Michigan § 440.4108 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Michigan 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 Michigan.