Florida Statute 674.105 - Full Text and Legal Analysis

The 2025 Florida Statutes

Title XXXIX
COMMERCIAL RELATIONS

Chapter 674
UNIFORM COMMERCIAL CODE: BANK DEPOSITS AND COLLECTIONS

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F.S. 674.105

674.105 “Bank”; “depositary bank”; “payor bank”; “intermediary bank”; “collecting bank”; “presenting bank.”—In this chapter, the term:

(1) “Bank” means a person engaged in the business of banking, including a savings bank, savings and loan association, credit union, or trust company.

(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.

(3) “Payor bank” means a bank that is the drawee of a draft.

(4) “Intermediary bank” means a bank to which an item is transferred in course of collection except the depositary or payor bank.

(5) “Collecting bank” means a bank handling an item for collection except the payor bank.

(6) “Presenting bank” means a bank presenting an item except a payor bank.

History.—s. 1, ch. 65-254; s. 11, ch. 92-82.

Note.—s. 4-105, U.C.C.

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Amendments to 674.105

Annotations, Discussions, Cases:

Cases Citing Statute 674.105

Total Results: 9

Capital City First Nat. Bank v. Lewis State Bank

341 So. 2d 1025, 21 U.C.C. Rep. Serv. (West) 183

District Court of Appeal of Florida | Filed: Jan 19, 1977 | Docket: 1393600

Cited 12 times | Published

collection except the depositary or the payor bank, § 674.105(3), (4), F.S. 1973, its proof and transit department

Gathercrest Ltd. v. First American Bank & Trust

649 F. Supp. 106, 1985 U.S. Dist. LEXIS 18147

District Court, M.D. Florida | Filed: Jul 8, 1985 | Docket: 1198821

Cited 9 times | Published

bill was transferred for collection. Fla. Stat. § 674.105(1). The amended first bill was drawn against a

Bufman Organization v. Federal Deposit Insurance Corporation

82 F.3d 1020, 29 U.C.C. Rep. Serv. 2d (West) 905, 1996 U.S. App. LEXIS 11189

Court of Appeals for the Eleventh Circuit | Filed: May 13, 1996 | Docket: 473181

Cited 6 times | Published

was not a collecting bank. See Fla.Stat.Ann. § 674.105 (defining payor bank, depositary bank, and collecting

SCADIF, S.A. v. First Union National Bank

208 F. Supp. 2d 1352, 48 U.C.C. Rep. Serv. 2d (West) 232, 2002 U.S. Dist. LEXIS 12962, 2002 WL 1473458

District Court, S.D. Florida | Filed: Jul 5, 2002 | Docket: 2449794

Cited 5 times | Published

operation of the definitional provisions of section 674.105, Florida Statutes, a bank receiving a check

First Union Nat. Bank v. First Fla. Bank, NA

616 So. 2d 1168, 20 U.C.C. Rep. Serv. 2d (West) 1017, 1993 Fla. App. LEXIS 4230, 1993 WL 114778

District Court of Appeal of Florida | Filed: Apr 16, 1993 | Docket: 1726729

Cited 3 times | Published

bank" under the Uniform Commercial Code. See § 674.105, Fla. Stat. (1985). We describe Union Bank as

Aprile v. SUNCOAST SCH. FED. CREDIT UN.

596 So. 2d 1290

District Court of Appeal of Florida | Filed: Apr 29, 1992 | Docket: 1729040

Cited 2 times | Published

merely the depositary and collecting bank. See § 674.105, Fla. Stat. (1989). It therefore did not furnish

Bufman Organization v. Federal Deposit Insurance

82 F.3d 1020

Court of Appeals for the Eleventh Circuit | Filed: May 13, 1996 | Docket: 64024557

Published

was not a collecting bank. See Fla.Stat.Ann. § 674.105 (defining payor bank, depositary bank, and collecting

Aprile v. Suncoast Schools Federal Credit Union

596 So. 2d 1290, 19 U.C.C. Rep. Serv. 2d (West) 253, 1992 Fla. App. LEXIS 4805, 1992 WL 86325

District Court of Appeal of Florida | Filed: Apr 29, 1992 | Docket: 64666682

Published

merely the depositary and collecting bank. See § 674.105, Fla. Stat. (1989). It therefore did not furnish

Florida National Bank at Perry v. Citizens Bank of Perry

474 So. 2d 852, 41 U.C.C. Rep. Serv. (West) 1348, 10 Fla. L. Weekly 1949, 1985 Fla. App. LEXIS 15482

District Court of Appeal of Florida | Filed: Aug 13, 1985 | Docket: 64613796

Published

which an item is payable as drawn or accepted. Section 674.-105(2), Florida Statutes (1981). . "Collecting