Esheria Regulatory Atlas

Banking and finance in United States — Minnesota

Financial services, banking, payments, credit, securities, and regulated finance. Every result links to its stored legal text and available official source evidence.

868 matching statutes

• United States — Minnesota

  Minnesota Statutes § 336.3-104 - 336.3-104 NEGOTIABLE INSTRUMENT.

  1 provisions

  This provision defines “negotiable instrument” and related payment-instrument terms like note, draft, check, cashier’s check, teller’s check, traveler’s check, and certificate of deposit.

  Act or statute Open & Chat

• United States — Minnesota

  Minnesota Statutes § 336.4-407 - 336.4-407 PAYOR BANK'S RIGHT TO SUBROGATION ON IMPROPER PAYMENT.

  1 provisions

  A payor bank may be subrogated to certain rights if it pays an item in specific objectionable circumstances, and only to the extent needed to prevent loss and unjust enrichment.

  Act or statute Open & Chat

• United States — Minnesota

  Minnesota Statutes § 336.3-312 - 336.3-312 LOST, DESTROYED, OR STOLEN CASHIER'S CHECK, TELLER'S CHECK, OR CERTIFIED CHECK.

  1 provisions

  A claimant can seek payment for a lost, destroyed, or stolen cashier’s check, teller’s check, or certified check by notifying the obligated bank and meeting stated conditions.

  Act or statute Open & Chat

• United States — Minnesota

  Minnesota Statutes § 336.4-211 - 336.4-211 WHEN BANK GIVES VALUE FOR PURPOSES OF HOLDER IN DUE COURSE.

  1 provisions

  A bank is treated as having given value to the extent it has a security interest in an item, if it otherwise meets the holder-in-due-course requirements in section 336.3-302.

  Act or statute Open & Chat

• United States — Minnesota

  Minnesota Statutes § 336.4-504 - 336.4-504 PRIVILEGE OF PRESENTING BANK TO DEAL WITH GOODS; SECURITY INTEREST FOR EXPENSES.

  1 provisions

  A presenting bank may deal with goods reasonably if a documentary draft is dishonored and requested instructions do not arrive in time.

  Act or statute Open & Chat

• United States — Minnesota

  Minnesota Statutes § 336.4A-507 - 336.4A-507 CHOICE OF LAW.

  1 provisions

  This provision sets which jurisdiction’s law governs certain parts of a funds transfer, and lets parties or a funds-transfer system choose different governing law in specified situations.

  Act or statute Open & Chat

• United States — Minnesota

  Minnesota Statutes § 336.4-503 - 336.4-503 RESPONSIBILITY OF PRESENTING BANK FOR DOCUMENTS AND GOODS; REPORT OF REASONS FOR DISHONOR; REFEREE IN CASE OF NEED.

  1 provisions

  A presenting bank must release documents to the drawee only under the stated payment/acceptance conditions, and after dishonor it may consult a referee in case of need or otherwise must investigate, notify its transferor, and request instructions.

  Act or statute Open & Chat

• United States — Minnesota

  Minnesota Statutes § 336.3-103 - 336.3-103 DEFINITIONS.

  1 provisions

  This section defines terms used in the article on negotiable instruments.

  Act or statute Open & Chat

• United States — Minnesota

  Minnesota Statutes § 336.4-210 - 336.4-210 SECURITY INTEREST OF COLLECTING BANK IN ITEMS, ACCOMPANYING DOCUMENTS, AND PROCEEDS.

  1 provisions

  A collecting bank gets a security interest in an item, related documents, and proceeds, subject to the credit, advance, and final-settlement rules stated here.

  Act or statute Open & Chat

• United States — Minnesota

  Minnesota Statutes § 336.4-105 - 336.4-105 "BANK"; "DEPOSITARY BANK"; "INTERMEDIARY BANK"; "COLLECTING BANK"; "PAYOR BANK"; "PRESENTING BANK".

  1 provisions

  This provision defines several banking terms used in the article.

  Act or statute Open & Chat

• United States — Minnesota

  Minnesota Statutes § 336.4-106 - 336.4-106 PAYABLE THROUGH OR PAYABLE AT BANK; COLLECTING BANK.

  1 provisions

  If an item is marked payable through or payable at a named bank, that bank is a collecting bank, the wording does not itself authorize the bank to pay, and the item may be presented for payment only by or through that bank.

  Act or statute Open & Chat

• United States — Minnesota

  Minnesota Statutes § 336.4A-208 - 336.4A-208 MISDESCRIPTION OF INTERMEDIARY BANK OR BENEFICIARY'S BANK.

  1 provisions

  A receiving bank may rely on an identifying number, and sometimes a name, to identify the intermediary or beneficiary bank in a payment order. The sender must compensate the receiving bank for losses and expenses caused by that reliance.

  Act or statute Open & Chat