If a bank receives a check on Tuesday,it must take proper action by midnight of Wednesday.

Question

Quizplus · Accepted Answer

Under the Uniform Commercial Code (UCC), banks are generally required to take action on a check (such as paying or returning it) by the midnight deadline, which is midnight of the next business day after the banking day on which the bank received the check. If the bank receives the check on Tuesday, it must take proper action by midnight of Wednesday.

If a Bank Receives a Check on Tuesday,it Must Take