Texas § BC.4.205 - DEPOSITORY BANK HOLDER OF UNINDORSED ITEM
Full text of Texas The Texas Constitution § BC.4.205 — DEPOSITORY BANK HOLDER OF UNINDORSED ITEM, with citation guidance and answers to common questions.
§ BC.4.205. DEPOSITORY BANK HOLDER OF UNINDORSED ITEM
DEPOSITORY BANK HOLDER OF UNINDORSED ITEM. If a customer delivers an item to a depositary bank for collection, the depositary bank: (1) becomes a holder of the item at the time it receives the item for collection if the customer at the time of delivery was a holder of the item, whether or not the customer indorses the item, and, if the bank satisfies the other requirements of Section 3.302 , the bank is a holder in due course; and (2) warrants to collecting banks, the payor bank or other payor, and the drawer that the amount of the item was paid to the customer or deposited to the customer's account. Acts 1967, 60th Leg., p. 2343, ch. 785, Sec. 1, eff. Sept. 1, 1967. Amended by Acts 1995, 74th Leg., ch. 921, Sec. 4, eff. Jan. 1, 1996.
Source: official Texas text · Last verified 2026-08-27
Frequently Asked Questions About Texas § BC.4.205
What does The Texas Constitution § BC.4.205 cover?
Section BC.4.205 ("DEPOSITORY BANK HOLDER OF UNINDORSED ITEM") is part of the The Texas Constitution, the codified statutory law of Texas. 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 Texas § BC.4.205?
A common citation format is "The Texas Constitution § BC.4.205" (Texas). 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 Texas law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Texas official source linked on this page or consult a licensed Texas attorney.
How does Texas § BC.4.205 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Texas 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 Texas.