{"code":"COM","codeName":"Commercial Code","section":"4108","citation":"Com. Code, § 4108","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"DIVISION 4. BANK DEPOSITS AND COLLECTIONS [4101. - 4504.]","url":"https://blackletter.si/commercial-code/division-4"},{"name":"CHAPTER 1. General Provisions and Definitions [4101. - 4111.]","url":"https://blackletter.si/commercial-code/division-4/chapter-1"}],"history":"Added by renumbering Section 4107 by Stats. 1992, Ch. 914, Sec. 14.   Effective January 1, 1993.","effective":"1993-01-01","html":"<p>(a) For the purpose of allowing time to process items, prove balances, and make the necessary entries on its books to determine its position for the day, a bank may fix an afternoon hour of 2 p.m. or later as a cutoff hour for the handling of money and items and the making of entries on its books.</p><p>(b) An item or deposit of money received on any day after a cutoff hour so fixed or after the close of the banking day may be treated as being received at the opening of the next banking day.</p>","text":"(a) For the purpose of allowing time to process items, prove balances, and make the necessary entries on its books to determine its position for the day, a bank may fix an afternoon hour of 2 p.m. or later as a cutoff hour for the handling of money and items and the making of entries on its books. (b) An item or deposit of money received on any day after a cutoff hour so fixed or after the close of the banking day may be treated as being received at the opening of the next banking day.","otherVersions":[],"url":"https://blackletter.si/commercial-code/general-provisions-and-definitions-4108","source":"California Legislative Information bulk export (pubinfo)"}