{"data":{"id":"us-sc/s.c.-code-ann.-36-4-108","jurisdiction":"us-sc","citation":"S.C. Code Ann. § 36-4-108","heading":"Time of receipt of items.","body":"(a) For 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 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) An 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.","path":["Title 36 - COMMERCIAL CODE","CHAPTER 4 Commercial Code—Bank Deposits and Collections","Part 1 General Terms and Definitions"],"source_url":"https://www.scstatehouse.gov/code/t36c004.php","current_through":"2025 Session of the General Assembly","vintage":"","retrieved_at":"2026-09-02T07:08:19Z","sha256":"a762ecd6a80d0b681b7c3de58851110251968460643b743db5091e338970261b","source_id":"us-sc","stale":false,"prev":"us-sc/s.c.-code-ann.-36-4-107","next":"us-sc/s.c.-code-ann.-36-4-109"},"notice":"GroundRules: Original legal text. Not legal advice."}