This legal document, part of the Delaware Code, specifically the Uniform Commercial Code, pertains to the relationship between a payor bank and its customer regarding bank deposits and collections. It grants the customer or any authorized person the right to stop payment of any item drawn on the customer’s account or close the account by providing an order to the bank. The stop-payment order is effective for six months and can be renewed for additional periods.

A bank is under no obligation to a customer having a checking account to pay a check, other than a certified check, which is presented more than six months after its date, but it may charge its customers account for a payment made thereafter in good faith. 5A Del. C. 1953, 4-404; 55 Del. Laws, c. 349; 70 Del. Laws, c. 86, 4;

This legal document, found in the Delaware Code under the section on Bank Deposits and Collections, pertains to the relationship between a payor bank and its customer. It outlines the customer’s duty to discover and report any unauthorized signature or alteration on their account. The document states that when a bank provides a statement of account to the customer, it must either return the paid items or provide sufficient information in the statement for the customer to identify the items.

The provided legal document content pertains to lease contracts under the Uniform Commercial Code in Delaware. It governs the performance of lease contracts and addresses various aspects such as repudiation, substitution, excuse, material or indefinite delays, justified allocations, transfer of interests and rights, creation of express warranties, exclusion or modification of warranties, insurable interest, flexibility to substitute goods, risk of loss, default, allocation of risk of loss, effect of casualty, subsequent leases, sale or sublease of goods, priority of liens, and rights of lessors and lessees when goods become fixtures or accessions.

The provided legal document content covers various aspects related to negotiable instruments under the Uniform Commercial Code in Delaware. These documents govern the payment, discharge, tender, and enforcement of negotiable instruments. They specify that an instrument is considered paid when payment is made by or on behalf of a party obliged to pay the instrument to a person entitled to enforce it. The documents also address the concept of tender of payment and its effects on the obligation of an indorser or accommodation party.

The legal documents reviewed pertain to Bank Deposits and Collections under the Delaware Code, specifically the Uniform Commercial Code. These documents outline the relationship between a payor bank and its customer, including the circumstances under which a bank may charge a customer’s account and the bank’s liability for wrongful dishonor of an item. They also address the customer’s right to stop payment or close their account and the customer’s duty to report unauthorized signatures or alterations.

The provided legal document content covers various aspects related to funds transfers. It states that the rights and obligations of a party to a funds transfer can be varied by agreement, and defines ‘funds-transfer system rule’ as a rule governing the transmission of payment orders or rights and obligations between banks involved in a funds transfer. The document also addresses creditor process served on a receiving bank and setoff by a beneficiary’s bank, specifying the actions and obligations of the banks in such situations.

This legal document, part of the Delaware Code, specifically governs the rules and regulations related to Letters of Credit. It defines various terms such as Adviser, Applicant, Beneficiary, Confirmer, Dishonor, Document, Good faith, Honor, Issuer, Letter of credit, Nominated person, Presentation, Presenter, Record, and Successor of a beneficiary. The document provides detailed definitions for each term and clarifies their roles and responsibilities in the context of Letters of Credit. It also references definitions from other articles that apply to this Article.

These legal documents provide transition provisions for security interests under the Uniform Commercial Code (UCC) Article 9. They state that a security interest that is already perfected before the effective date of this Act will remain perfected under the amended Article 9 if the applicable requirements for attachment and perfection are satisfied without further action. However, if the security interest is already perfected but the applicable requirements for perfection under the amended Article 9 are not satisfied at the effective date, the security interest will only remain perfected if the applicable requirements are satisfied within one year after the effective date.

The legal document, part of the Delaware Code, governs computer security breaches and defines key terms related to breaches of security. It applies to any person who conducts business in Delaware and owns, licenses, or maintains computerized data containing personal information. The document requires such persons to implement and maintain reasonable procedures and practices to prevent the unauthorized acquisition, use, modification, disclosure, or destruction of personal information. The document defines ‘breach of security’ as the unauthorized acquisition of computerized data compromising the security, confidentiality, or integrity of personal information.