Okla. Stat. tit. 12A, § 12A-4-205: Depositary Bank Holder of Unindorsed Item

DEPOSITARY BANK HOLDER OF UNINDORSED ITEM

If a customer delivers an item to a depositary bank for

collection:

(1) The depositary bank 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 of this title, it is a holder in due course; and

(2) The depositary bank 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.