{"data":{"id":"us-al/ala.-code-7-4-105","jurisdiction":"us-al","citation":"Ala. Code § 7-4-105","heading":"“Bank”; “Depositary Bank”; “Payor Bank”; “Intermediary Bank”; “Collecting Bank”; “Presenting Bank.”","body":"In this article:\n(1) “Bank” means a person engaged in the business of banking, including a savings bank, savings and loan association, credit union, or trust company;\n(2) “Depositary bank” means the first bank to take an item even though it is also the payor bank, unless the item is presented for immediate payment over the counter;\n(3) “Payor bank” means a bank that is the drawee of a draft;\n(4) “Intermediary bank” means a bank to which an item is transferred in course of collection except the depositary or payor bank;\n(5) “Collecting bank” means a bank handling an item for collection except the payor bank;\n(6) “Presenting bank” means a bank presenting an item except a payor bank.","path":["Title 7 Commercial Code.","Article 4 Bank Deposits and Collections.","Part 1 General Provisions and Definitions."],"source_url":"https://alison.legislature.state.al.us/code-of-alabama?section=7-4-105","current_through":"Act 2026-611","vintage":"","retrieved_at":"2026-09-03T14:01:52Z","sha256":"abef5ba7a749506c88456b1e4f6cd034211e4b4df5d9400daf1661036a0d0b52","source_id":"us-al","stale":false,"prev":"us-al/ala.-code-7-4-104","next":"us-al/ala.-code-7-4-106"},"notice":"GroundRules: Original legal text. Not legal advice."}