Report of the Law Revision Commission, Volume 1New York State Law Revision Commission, 1954 - Law reform Report for 1954 includes Record of hearings on the Uniform Commercial Code; 1955, Study of the Uniform Commercial Code; 1956, Report relating to the Uniform Commercial Code. |
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Page 350
... given to anyone except a party who pays or accepts , whereas those of Sec . 4-207 ( 1 ) are given to all subsequent intermediary banks and to the payor . ( b ) The warranties of Sec . 3-417 ( 1 ) run to " a party who pays or accepts ...
... given to anyone except a party who pays or accepts , whereas those of Sec . 4-207 ( 1 ) are given to all subsequent intermediary banks and to the payor . ( b ) The warranties of Sec . 3-417 ( 1 ) run to " a party who pays or accepts ...
Page 394
... given , except by special arrangement , before actual collection ? Or do they include remittance by a payor bank ? Answer : We have looked upon Code Section 4-208 ( 1 ) ( b ) as an omnibus clause applying to any case where credit is given ...
... given , except by special arrangement , before actual collection ? Or do they include remittance by a payor bank ? Answer : We have looked upon Code Section 4-208 ( 1 ) ( b ) as an omnibus clause applying to any case where credit is given ...
Page 407
... Given Before Collection Is Complete ? Credit may be given with respect to a limited number of classes of items as set forth below prior to payment in actually and finally collected funds but the credit so given is subjection to such ...
... Given Before Collection Is Complete ? Credit may be given with respect to a limited number of classes of items as set forth below prior to payment in actually and finally collected funds but the credit so given is subjection to such ...
Contents
Report of the Law Revision Commission for 1954 | 7 |
Walter G Vogel | 10 |
Memorandum of Milbank Tweed Hope | 25 |
20 other sections not shown
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Common terms and phrases
ABA Code acceptance action American Bar Association American Law Institute Article bank's Bar Association bill bonds buyer CHAIRMAN SMITH Chase memorandum choses in action claim clause Clearing House collecting bank Committee contract court creditors dealing defendant definition deposit depositary bank dishonor draft drawee drawer due course effect endorsement existing law fact faith February 15 final payment HABERKERN holder in due Law Review Law Revision Commission lawyers letter of credit liability MACDONALD maker ment merchant National Bank Negotiable Instruments Law notice objection party payable payee payor bank person plaintiff practice present law problem PROFESSOR LLEWELLYN PROFESSOR SCHLESINGER provision purchaser question reasonable commercial standards received remittance restrictive endorsement rule Sales Act Section seller statute of frauds stop payment tion transaction transfer Uniform Commercial Code Uniform Customs warranty Wisconsin Law Review Yale Law Journal York law