{"data":{"id":"us-mn/minn.-stat.-336.4-108","jurisdiction":"us-mn","citation":"Minn. Stat. § 336.4-108","heading":"TIME OF RECEIPT OF ITEMS.","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 2:00 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":["TRADE REGULATIONS, CONSUMER PROTECTION","CHAPTER 336. UNIFORM COMMERCIAL CODE","Article 4 BANK DEPOSITS AND COLLECTIONS","Part 1 GENERAL PROVISIONS AND DEFINITIONS"],"source_url":"https://www.revisor.mn.gov/statutes/cite/336.4-108","current_through":"2025 Minnesota Statutes","vintage":"","retrieved_at":"2026-09-02T22:10:43Z","sha256":"1fe63d91bd237c550e774410ba944a238fe810bdde58372310603fe8a08e3ea7","source_id":"us-mn","stale":false,"prev":"us-mn/minn.-stat.-336.4-107","next":"us-mn/minn.-stat.-336.4-109"},"notice":"GroundRules: Original legal text. Not legal advice."}