{"data":{"id":"us-ok/okla.-stat.-tit.-12a-12a-4-205","jurisdiction":"us-ok","citation":"Okla. Stat. tit. 12A, § 12A-4-205","heading":"Depositary Bank Holder of Unindorsed Item","body":"DEPOSITARY BANK HOLDER OF UNINDORSED ITEM\n\nIf a customer delivers an item to a depositary bank for\n\ncollection:\n\n(1) The depositary bank becomes a holder of the item at the\n\ntime it receives the item for collection if the customer at the time\n\nof delivery was a holder of the item, whether or not the customer\n\nindorses the item, and, if the bank satisfies the other requirements\n\nof Section 3-302 of this title, it is a holder in due course; and\n\n(2) The depositary bank warrants to collecting banks, the payor\n\nbank or other payor, and the drawer that the amount of the item was\n\npaid to the customer or deposited to the customer's account.","path":["OK Code","Title 12A"],"source_url":"https://www.oklegislature.gov/OK_Statutes/CompleteTitles/os12A.pdf","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:36Z","sha256":"7af3179f0e92af313760fc9f744ba57dbcfd9137c7733df67eaf68f7be242fdb","source_id":"us-ok","stale":false,"prev":"us-ok/okla.-stat.-tit.-12a-12a-4-204","next":"us-ok/okla.-stat.-tit.-12a-12a-4-206"},"notice":"GroundRules: Original legal text. Not legal advice."}