MARVIN MANDEL, Governor

189

"Presenting bank." § 4-105.
"Remitting bank." § 4-105.

(3)   The following definitions in other [subtitles]
TITLES apply to this [subtitle] TITLE:

"Acceptance." § 3-410.
"Certificate of deposit." § 3-104.
"Certification." § 3-411.
"Check." § 3-104.
"Draft." § 3-104,
"Holder in due course." § 3-302.
"Notice of dishonor." § 3—508.
"Presentment." § 3—504.
"Protest." § 3-509.
"Secondary party." § 3—102.

(4)   In addition [subtitle] TITLE 1 contains general
definitions and principles of construction and
interpretation applicable throughout this [subtitle]
TITLE.

4—105. "Depositary bank"; "intermediary bank";
"collecting bank"; "payor bank"; "presenting bank";
"remitting bank."

In this (subtitle) TITLE unless the context
otherwise requires:

(a)   "Depositary bank" means the first bank to
which an item is transferred for collection even though
it is also the payor bank;

(b)    "Payor bank" means a bank by which an
item is payable as drawn or accepted;

(c)   "Intermediary bank" means any bank to
which an item is transferred in course of collection
except the depositary or payor bank;

(d) "Collecting bank" means any bank handling
the item for collection except the payor bank;

(e)    "Presenting bank" means any bank
presenting an item except a payor bank;

(f)    "Remitting bank" means any payor or
intermediary bank remitting for an item.

4—106. Separate office of a bank.

A branch or separate office of a bank is a separate
bank for the purpose of computing the time within which
and determining the place at or to which action may be