{"data":{"id":"us-co/c.r.s.-4-4-108","jurisdiction":"us-co","citation":"C.R.S. § 4-4-108","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\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 4 - UNIFORM COMMERCIAL CODE","Article 4 - Bank Deposits and Collections","Part 1 - GENERAL PROVISIONS AND DEFINITIONS"],"source_url":"https://olls.info/crs/crs2026-title-04.htm","current_through":"Colorado Revised Statutes 2026","vintage":"","retrieved_at":"2026-09-14T18:37:45Z","sha256":"7ea24d4ecb612e4f84e8f9dfc7cdfb010d2ccc89ffc44ac3377d513c00fb29a1","source_id":"us-co","stale":false,"prev":"us-co/c.r.s.-4-4-107","next":"us-co/c.r.s.-4-4-109"},"notice":"GroundRules: Original legal text. Not legal advice."}
