{"data":{"id":"us-dc/d.c.-code-28-4-108","jurisdiction":"us-dc","citation":"D.C. Code § 28:4-108","heading":"Time of receipt of items.","body":"(a)\nFor 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)\nAn 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 28. Commercial Instruments and Transactions. [Enacted title]","Subtitle I. Uniform Commercial Code.","Article 4. Bank Deposits and Collections.","Part 1. General Provisions and Definitions."],"source_url":"https://code.dccouncil.gov/us/dc/council/code/sections/28:4-108","current_through":"2026-08-20 (D.C. Law 26-175)","vintage":"","retrieved_at":"2026-08-29T05:44:07Z","sha256":"33c2a848a73bc70635c1ede39d50d5545cad82438b8e1201a541e84c9c7d13d7","source_id":"us-dc","stale":false,"prev":"us-dc/d.c.-code-28-4-107","next":"us-dc/d.c.-code-28-4-109"},"notice":"GroundRules: Original legal text. Not legal advice."}