{"data":{"id":"us-wi/wis.-stat.-404.108","jurisdiction":"us-wi","citation":"Wis. Stat. § 404.108","heading":"Time of receipt of items.","body":"(1) 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(2) 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":["Chs. 401-411, Uniform Commercial Code","Chapter 404 Uniform Commercial Code — Bank Deposits And Collections","SUBCHAPTER I GENERAL PROVISIONS AND DEFINITIONS"],"source_url":"https://docs.legis.wisconsin.gov/document/statutes/404.108","current_through":"2023-24 Wisconsin Statutes updated through 2025 Wis. Act 247 (published 9-4-26)","vintage":"","retrieved_at":"2026-09-05T12:01:22Z","sha256":"8425b8da323e13ea755b0e56289155b58ce3efacbcbd3d17963c71a875f3408a","source_id":"us-wi","stale":false,"prev":"us-wi/wis.-stat.-404.107","next":"us-wi/wis.-stat.-404.109"},"notice":"GroundRules: Original legal text. Not legal advice."}