{"data":{"id":"us-ky/krs-355.4-105","jurisdiction":"us-ky","citation":"KRS 355.4-105","heading":"\"Depositary bank\" -- \"Payor bank\" -- \"Intermediary bank\" --","body":"\"Collecting bank\" -- \"Presenting bank.\"\nIn this article:\n(1) (Reserved);\n(2) \"Depositary bank\" means the first bank to take an item even though it is also the\npayor 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\ncollection except the depositary or payor bank;\n(5) \"Collecting bank\" means a bank handling the item for collection except the payor\nbank; and\n(6) \"Presenting bank\" means a bank presenting an item except a payor bank.","path":[],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=33518","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:58:44Z","sha256":"9224454ecb8e7458dd3bc2af00baf6f7261696042eb1c6e3b271be29c3f5364c","source_id":"us-ky","stale":false,"prev":"us-ky/krs-355.4-104","next":"us-ky/krs-355.4-106"},"notice":"GroundRules: Original legal text. Not legal advice."}
