{"data":{"id":"us-mi/mich.-comp.-laws-440.4108","jurisdiction":"us-mi","citation":"Mich. Comp. Laws § 440.4108","heading":"Time of receipt of items.","body":"Sec. 4108.\n\nFor 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 2 P.M. or later as a cut-off hour for the handling of money and items and the making of entries on its books.\n\nAn item or deposit of money received on any day after a cut-off 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":["MI Code","Chapter 440","Act Act-174-of-1962"],"source_url":"https://www.legislature.mi.gov/Laws/MCL?objectName=mcl-440-4108","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:31Z","sha256":"5b48e0a6d6d5d2f15ad31189fa3c4336131e61138f1216c10bef070d0f0b4150","source_id":"us-mi","stale":false,"prev":"us-mi/mich.-comp.-laws-440.4107","next":"us-mi/mich.-comp.-laws-440.4109"},"notice":"GroundRules: Original legal text. Not legal advice."}