{"data":{"id":"us-nc/n.c.-gen.-stat.-25-4-107","jurisdiction":"us-nc","citation":"N.C. Gen. Stat. § 25-4-107","heading":"Time of receipt of items.","body":"(a)\tFor 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)\tAn 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. (1965, c. 700, s. 1; 1995, c. 232, s. 2.)","path":["Chapter 25. Uniform Commercial Code.","Article 4. Bank Deposits and Collections.","Part 1. General Provisions and Definitions."],"source_url":"https://www.ncleg.gov/EnactedLegislation/Statutes/HTML/BySection/Chapter_25/GS_25-4-107.html","current_through":"S.L. 2026-30","vintage":"","retrieved_at":"2026-08-27T17:58:47Z","sha256":"db9920b649fd6bba44b65953d5f855aa808809daed3ee325ecf8c27807a918c3","source_id":"us-nc","stale":false,"prev":"us-nc/n.c.-gen.-stat.-25-4-106","next":"us-nc/n.c.-gen.-stat.-25-4-108"},"notice":"GroundRules: Original legal text. Not legal advice."}