{"data":{"id":"us-la/rs-10-4-105","jurisdiction":"us-la","citation":"RS 10:4-105","heading":"\"Bank\"; \"depositary bank\"; \"payor bank\"; \"intermediary bank\"; \"collecting bank\"; \"presenting bank\"","body":"In this Chapter:\n(1) \"Bank\" means a person engaged in the business of banking, including a savings bank, savings and loan association, credit union, or trust company;\n(2) \"Depositary bank\" means the first bank to take an item even though it is also the payor 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 collection except the depositary or payor bank;\n(5) \"Collecting bank\" means a bank handling an item for collection except the payor bank;\n(6) \"Presenting bank\" means a bank presenting an item except a payor bank.","path":["TITLE 10. COMMERCIAL LAWS"],"source_url":"https://www.legis.la.gov/legis/Law.aspx?d=74196","current_through":"2025 First Extraordinary Session","vintage":"","retrieved_at":"2026-09-14T04:50:04Z","sha256":"cac415d82ef4251aa7b75cb20c8d9f472a30e467f444e46b3bd29774d340afe3","source_id":"us-la","stale":false,"prev":"us-la/rs-10-4-104","next":"us-la/rs-10-4-106"},"notice":"GroundRules: Original legal text. Not legal advice."}