{"data":{"id":"us-md/md.-code-commercial-law-4-105","jurisdiction":"us-md","citation":"Md. Code, Commercial Law § 4–105","heading":"","body":"In this title:\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; and\n(6) “Presenting bank” means a bank presenting an item except a payor bank.","path":["Article - Commercial Law"],"source_url":"https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gcl\u0026section=4-105","current_through":"2026-01-01","vintage":"","retrieved_at":"2026-09-14T19:56:33Z","sha256":"f2c31e10c7b16d6c72d21050fddc1b55c6eaccaeaec7d4524e60a1e78fa4c211","source_id":"us-md","stale":false,"prev":"us-md/md.-code-commercial-law-4-104","next":"us-md/md.-code-commercial-law-4-106"},"notice":"GroundRules: Original legal text. Not legal advice."}