{"data":{"id":"us-ga/o.c.g.a.-11-4-501","jurisdiction":"us-ga","citation":"O.C.G.A. § 11-4-501","heading":"Handling of documentary drafts; duty to send for presentment and to notify customer of dishonor.","body":"A bank that takes a documentary draft for collection shall present or send the draft and accompanying documents for presentment and, upon learning that the draft has not been paid or accepted in due course, shall seasonably notify its customer of the fact even though it may have discounted or bought the draft or extended credit available for withdrawal as of right.","path":["TITLE 11 Commercial Code","Article 4 Bank Deposits and Collections","PART 5 Collection of Documentary Drafts"],"source_url":"https://archive.org/download/gov.ga.ocga.2018/release86.2022.11/gov.ga.ocga.title.11.odt","current_through":"Release 86 (2022-11)","vintage":"Public.Resource.Org bulk O.C.G.A., Release 86 (2022-11), retrieved 2026-09-17","retrieved_at":"2026-09-17T19:34:57Z","sha256":"c904f0689ab08a5035ca067756febe17e0773274a2ccfc4913295e2376a1a83e","source_id":"us-ga","stale":false,"prev":"us-ga/o.c.g.a.-11-4-407","next":"us-ga/o.c.g.a.-11-4-502"},"notice":"GroundRules: Original legal text. Not legal advice."}