Section 4--106. Separate Office of a Bank  


Latest version.
  • A  branch  or  separate  office  of  a bank is a separate bank for the
      purpose of computing the time within which and determining the place  at
      or  to  which  action  may  be taken or notices or orders shall be given
      under this Article and under Article 3. The receipt  of  any  notice  or
      order  by or the knowledge of one branch or separate office of a bank is
      not actual or constructive notice to or knowledge of any other branch or
      office of the same bank and does not impair the right of another  branch
      or office to be a holder in due course of an item.