Source: https://www.govregs.com/uscode/title12_chapter41_section4002
Timestamp: 2019-12-08 06:45:56
Document Index: 526165710

Matched Legal Cases: ['§\u202f4001', '§\u202f4003', '§\u202f603', '§\u202f1001', '§\u202f227', '§\u202f1086', '§\u202f208']

12 USC 4002 - Expedited funds availability schedules
All TitlesTitle 12Chapter 41
§ 4001. Definitions
§ 4003. Safeguard exceptions
Expedited funds availability schedules
Next business day availability for certain deposits
Cash deposits; wire transfers
Government checks; certain other checks
Availability of funds deposited by local checks
Availability of funds deposited by nonlocal checks
Time period adjustments for cash withdrawal of certain checks
Not more than $400 (or the maximum amount allowable in the case of a withdrawal from an automated teller machine but not more than $400) of funds deposited by one or more checks to which this paragraph applies shall be available for cash withdrawal not later than 5 o’clock post meridian of the business day on which such funds are available under paragraph (1) or (2). If funds deposited by checks described in both paragraph (1) and paragraph (2) become available for cash withdrawal under this paragraph on the same business day, the limitation contained in this subparagraph shall apply to the aggregate amount of such funds.
Availability of local checks
Time period adjustment for cash withdrawal of certain checks
Availability of nonlocal checks
Time period adjustments
Reduction generally
Extension for certain deposits in noncontiguous States or territories
deposited in an account at a depository institution which is located in Alaska, Hawaii, Puerto Rico, American Samoa, the Commonwealth of the Northern Mariana Islands, Guam, or the Virgin Islands; and
Deposits at ATM
Nonproprietary ATM
Deposits described in this paragraph 1
a deposit made by a check described in subsection (a)(2);
a deposit made by a check drawn on a local originating depository institution (other than a check described in subsection (a)(2)); or
a deposit made by a check drawn on a nonlocal originating depository institution (other than a check described in subsection (a)(2)).
Proprietary ATM—temporary and permanent schedules
Study and report on ATM’s
Check return; notice of nonpayment
any notice of nonpayment of any such check be given to such depository institution within the times set forth in subsection (a), (b), (c), or (e) or in the regulations issued under any such subsection.
(Pub. L. 100–86, title VI, § 603, Aug. 10, 1987, 101 Stat. 637; Pub. L. 101–625, title X, § 1001, Nov. 28, 1990, 104 Stat. 4424; Pub. L. 102–242, title II, § 227(a), (b)(1), Dec. 19, 1991, 105 Stat. 2307; Pub. L. 111–203, title X, § 1086(a), (e), July 21, 2010, 124 Stat. 2085, 2086; Pub. L. 115–174, title II, § 208(a)(2), May 24, 2018, 132 Stat. 1312.)
cite as: 12 USC 4002