{"data":{"id":"us-ny/n.y.-uniform-commercial-code-law-4-107","jurisdiction":"us-ny","citation":"N.Y. Uniform Commercial Code Law § 4-107","heading":"Time of Receipt of Items","body":"Section 4--107. Time of Receipt of Items.\n  (1) For the purpose of allowing time to process items, prove balances\nand make the necessary entries on its books to determine its position\nfor the day, a bank may fix an afternoon hour of two P.M. or later as a\ncut-off hour for the handling of money and items and the making of\nentries on its books.\n  (2) Any item or deposit of money received on any day after a cut-off\nhour so fixed or after the close of the banking day may be treated as\nbeing received at the opening of the next banking day.","path":["Uniform Commercial Code Law","Article 4. Bank Deposits and Collections","Part 1. General Provisions and Definitions"],"source_url":"https://legislation.nysenate.gov/api/3/laws/UCC/4-107","current_through":"2026-09-11","vintage":"","retrieved_at":"2026-09-14T19:32:45Z","sha256":"13b7a43557131e56694063943a9db534135fbb64b33b1c0e497fae348498a210","source_id":"us-ny","stale":false,"prev":"us-ny/n.y.-uniform-commercial-code-law-4-106","next":"us-ny/n.y.-uniform-commercial-code-law-4-108"},"notice":"GroundRules: Original legal text. Not legal advice."}