New Jersey § 12a:4-209
Full text of New Jersey New Jersey Statutes § 12a:4-209, with citation guidance and answers to common questions.
§ 12a:4-209.
a. A person who encodes information on or with respect to an item after issue warrants
to any subsequent collecting bank and to the payor bank or other payor that the information
is correctly encoded. If the customer of a depositary bank encodes, that bank also makes the warranty. b. A person who undertakes to retain an item pursuant to an agreement for electronic
presentment warrants to any subsequent collecting bank and to the payor bank or other
payor that retention and presentment of the item comply with the agreement. If a customer of a depositary bank undertakes to retain an item, that bank also
makes this warranty. c. A person to whom warranties are made under this section and who took the item in
good faith may recover from the warrantor as damages for breach of warranty an amount
equal to the loss suffered as a result of the breach, plus expenses and loss of interest
incurred as a result of the breach.
Frequently Asked Questions About New Jersey § 12a:4-209
What does New Jersey Statutes § 12a:4-209 cover?
Section 12a:4-209 is part of the New Jersey Statutes, the codified statutory law of New Jersey. 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 New Jersey § 12a:4-209?
A common citation format is "New Jersey Statutes § 12a:4-209" (New Jersey). 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 New Jersey law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the New Jersey official source linked on this page or consult a licensed New Jersey attorney.
How does New Jersey § 12a:4-209 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in New Jersey 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 New Jersey.