{"data":{"id":"us-ms/miss.-code-ann.-75-4-205","jurisdiction":"us-ms","citation":"Miss. Code Ann. § 75-4-205","heading":"Depositary bank holder of unindorsed item.","body":"If a customer delivers an item to a depositary bank for collection:\n(1) The depositary bank becomes a holder of the item at the time it receives the item for collection if the customer at the time of delivery was a holder of the item, whether or not the customer indorses the item, and, if the bank satisfies the other requirements of Section 75-3-302, it is a holder in due course; and\n(2) The depositary bank warrants to collecting banks, the payor bank or other payor, and the drawer that the amount of the item was paid to the customer or deposited to the customer’s account.","path":["Title 75. Regulation of Trade, Commerce and Investments","Chapter 4. Uniform Commercial Code—Bank Deposits and Collections","Part 2. Collection of Items: Depositary and Collecting Banks."],"source_url":"https://archive.org/download/gov.ms.code.ann.2018/release78.2020.07.08/gov.ms.code.title.75.odt","current_through":"2020-07-08","vintage":"Mississippi Code Release 78 (2020-07), retrieved 2026-09-17","retrieved_at":"2026-10-27T05:54:13Z","sha256":"8edfb3f5232ca36b16e3a41318a94c38b22837e9c8ee7900cc83cbcb27b2b885","source_id":"us-ms","stale":false,"prev":"us-ms/miss.-code-ann.-75-4-204","next":"us-ms/miss.-code-ann.-75-4-206","notices":[{"id":"open-us-law","title":"Open US Law compilation","text":"Compilation CC BY 4.0, Open US Law (Vaquill AI). GroundRules uses only the releases published under CC BY 4.0: from v2026.09 the compilation is licensed CC BY-NC 4.0, and GroundRules does not use those releases. Each affected row names its release in its vintage label. GroundRules parsed and filtered the compilation to retain enacted text.","url":"https://huggingface.co/datasets/vaquill/open-us-law","license_url":"https://creativecommons.org/licenses/by/4.0/"},{"id":"pro-ms","title":"Mississippi Release 78 supplement","text":"Mississippi electronic product files were republished by Public.Resource.Org under a public-domain dedication. GroundRules uses enacted text from Release 78 only as a labeled supplement to the newer Open US Law rows.","url":"https://archive.org/details/gov.ms.code.ann.2018"}]},"notice":"GroundRules: Original legal text. Not legal advice."}
