{"data":{"id":"us-ky/krs-355.4-108","jurisdiction":"us-ky","citation":"KRS 355.4-108","heading":"Time of receipt of items.","body":"(1) For the purpose of allowing time to process items, prove balances, and make the\nnecessary entries on its books to determine its position for the day, a bank may fix\nan afternoon hour of 2 p.m. or later as a cutoff hour for the handling of money and\nitems and the making of entries on its books.\n(2) An item or deposit of money received on any day after a cutoff hour so fixed or\nafter the close of the banking day may be treated as being received at the opening of\nthe next banking day.","path":[],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=33521","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:58:45Z","sha256":"0dbf0e6fccb205f169e304132289526af11cdfdbd77c0790d99e663a513ea13d","source_id":"us-ky","stale":false,"prev":"us-ky/krs-355.4-107","next":"us-ky/krs-355.4-109"},"notice":"GroundRules: Original legal text. Not legal advice."}