Florida Statute 674.105 | Lawyer Caselaw & Research

The 2024 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.

F.S. 674.105 on Google Scholar

F.S. 674.105 on Casetext

Amendments to 674.105

Arrestable Offenses / Crimes under Fla. Stat. 674.105

Level: Degree
Misdemeanor/Felony: First/Second/Third

Current data shows no reason an arrest or criminal charge should have occurred directly under Florida Statute 674.105.

Annotations, Discussions, Cases:

Cases Citing Statute 674.105

Total Results: 5

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

Court: District Court of Appeal of Florida | Date Filed: 1993-04-16

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

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

Aprile v. Suncoast Schools Federal Credit Union

Court: District Court of Appeal of Florida | Date Filed: 1992-04-29

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

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

Aprile v. SUNCOAST SCH. FED. CREDIT UN.

Court: District Court of Appeal of Florida | Date Filed: 1992-04-29

Citation: 596 So. 2d 1290

Snippet: 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

Court: District Court of Appeal of Florida | Date Filed: 1985-08-13

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

Snippet: item is payable as drawn or accepted. Section 674.-105(2), Florida Statutes (1981). . "Collecting bank”

Capital City First Nat. Bank v. Lewis State Bank

Court: District Court of Appeal of Florida | Date Filed: 1977-01-19

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

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