{"data":{"id":"us-ri/r.i.-gen.-laws-6a-4-105","jurisdiction":"us-ri","citation":"R.I. Gen. Laws § 6A-4-105","heading":"“Bank” — “Depositary bank” — “Payor bank” — “Intermediary bank” — “Collecting bank” — “Presenting bank”.","body":"In this chapter:\n(1) “Bank” means a person engaged in the business of banking, including a savings bank, savings and loan association, credit union, or trust company;\n(2) “Depositary bank” means the first bank to take an item even though it is also the payor bank, unless the item is presented for immediate payment over the counter;\n(3) “Payor bank” means a bank that is the drawee of a draft;\n(4) “Intermediary bank” means a bank to which an item is transferred in course of collection except the depositary or payor bank;\n(5) “Collecting bank” means a bank handling an item for collection except the payor bank;\n(6) “Presenting bank” means a bank presenting an item except a payor bank.","path":["Title 6A Uniform Commercial Code","Chapter 4 Bank Deposits and Collections","Part 1 General Provisions and Definitions"],"source_url":"https://webserver.rilegislature.gov/Statutes/TITLE6A/6A-4/6A-1/6A-4-105.htm","current_through":"site files published 2025-08-13","vintage":"","retrieved_at":"2026-09-05T18:06:04Z","sha256":"0f041e6f6469b0e1c194260e8209b4f2e44c082e2ccf8242ed98f9085709d64f","source_id":"us-ri","stale":true,"prev":"us-ri/r.i.-gen.-laws-6a-4-104","next":"us-ri/r.i.-gen.-laws-6a-4-106"},"notice":"GroundRules: Original legal text. Not legal advice."}