{"data":{"id":"us-al/ala.-code-7-4-108","jurisdiction":"us-al","citation":"Ala. Code § 7-4-108","heading":"Time of Receipt of Items.","body":"(a) 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 cutoff hour for the handling of money and items and the making of entries on its books.\n(b) An item or deposit of money received on any day after a cutoff 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.","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=7-4-108","current_through":"Act 2026-611","vintage":"","retrieved_at":"2026-09-03T14:01:52Z","sha256":"fa614163ff434c32d60238894503e3b11da7dd5272cf309949152d40c1b57810","source_id":"us-al","stale":false,"prev":"us-al/ala.-code-7-4-107","next":"us-al/ala.-code-7-4-109"},"notice":"GroundRules: Original legal text. Not legal advice."}