{"data":{"id":"us-tx/tex.-business-commerce-code-4.108","jurisdiction":"us-tx","citation":"Tex. Business \u0026 Commerce Code § 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 two 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.\nActs 1967, 60th Leg., p. 2343, ch. 785, Sec. 1, eff. Sept. 1, 1967. Renumbered from Sec. 4.107 and amended by Acts 1995, 74th Leg., ch. 921, Sec. 4, eff. Jan. 1, 1996.","path":["BUSINESS AND COMMERCE CODE","TITLE 1. UNIFORM COMMERCIAL CODE","CHAPTER 4. BANK DEPOSITS AND COLLECTIONS","SUBCHAPTER A. GENERAL PROVISIONS AND DEFINITIONS"],"source_url":"https://statutes.capitol.texas.gov/Docs/BC/htm/BC.4.htm#4.108","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:46:56Z","sha256":"d8c08309e3eb34038e3e0799eeb71f12ba2c1da31abd3274f8990cbf40bcf104","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-business-commerce-code-4.107","next":"us-tx/tex.-business-commerce-code-4.109"},"notice":"GroundRules: Original legal text. Not legal advice."}