{"data":{"id":"us-md/md.-code-commercial-law-4-108","jurisdiction":"us-md","citation":"Md. Code, Commercial Law § 4–108","heading":"","body":"(a) For the purpose of allowing time to process items, prove balances, and make the necessary entries on its books to determine its position for the day, a bank may fix an afternoon hour of two p.m. or later as a cutoff hour for the handling of money and items and the making of entries on its books.\n(b) An item or deposit of money received on any day after a cutoff hour so fixed or after the close of the banking day may be treated as being received at the opening of the next banking day.","path":["Article - Commercial Law"],"source_url":"https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gcl\u0026section=4-108","current_through":"2026-01-01","vintage":"","retrieved_at":"2026-09-14T19:56:33Z","sha256":"4e8135d6a0b12c96594a279d03672a1585f0057549fab611d6e247a04ac90741","source_id":"us-md","stale":false,"prev":"us-md/md.-code-commercial-law-4-107","next":"us-md/md.-code-commercial-law-4-109"},"notice":"GroundRules: Original legal text. Not legal advice."}