12 CFR 210.8
§ 210.8 Presenting noncash items for acceptance.
United States · 12 CFR — Banks and Banking · Status: effective
Cite this
- Citation
- 12 CFR 210.8, § 210.8 Presenting noncash items for acceptance, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/44214
- Permanent ID
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Full text
(a) A Reserve Bank or a subsequent collecting bank may, if instructed by the sender, present a noncash item for acceptance in any manner authorized by law if—
(1) The item provides that it must be presented for acceptance;
(2) The item may be presented elsewhere than at the residence or place of business of the payor; or
(3) The date of payment of the item depends on presentment for acceptance.
(b) Documents accompanying a noncash item shall not be delivered to the payor upon acceptance of the item unless the sender specifically authorizes delivery. A Reserve Bank shall not have or assume any other obligation to present or to send for presentment for acceptance any noncash item.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.