{"data":{"id":"us-ok/okla.-stat.-tit.-12a-12a-4-501","jurisdiction":"us-ok","citation":"Okla. Stat. tit. 12A, § 12A-4-501","heading":"Handling of Documentary Drafts; Duty to Send for","body":"Presentment and to Notify Customer of Dishonor.\n\nHANDLING OF DOCUMENTARY DRAFTS; DUTY TO SEND FOR PRESENTMENT\n\nAND TO NOTIFY CUSTOMER OF DISHONOR\n\nA bank that takes a documentary draft for collection shall\n\npresent or send the draft and accompanying documents for presentment\n\nand, upon learning that the draft has not been paid or accepted in\n\ndue course, shall seasonably notify its customer of the fact even\n\nthough it may have discounted or bought the draft or extended credit\n\navailable for withdrawal as of right.","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":"5027b12b522818a7a1c780b085d61fb3908dc096864239faf0c89426e006d66e","source_id":"us-ok","stale":false,"prev":"us-ok/okla.-stat.-tit.-12a-12a-4-407","next":"us-ok/okla.-stat.-tit.-12a-12a-4-502"},"notice":"GroundRules: Original legal text. Not legal advice."}