§12A-4-109.

§12A-4-109.
   
                                   DELAYS
                                      
   (a) Unless otherwise instructed, a collecting bank in a good faith
   effort to secure payment of a specific item drawn on a payor other
   than a bank, and with or without the approval of any person involved,
   may waive, modify, or extend time limits imposed or permitted by this
   article for a period not exceeding two (2) additional banking days
   without discharge of drawers or indorsers or liability to its
   transferor or a prior party.
   
   (b) Delay by a collecting bank or payor bank beyond time limits
   prescribed or permitted by this article or by instructions is excused
   if (i) the delay is caused by interruption of communication or
   computer facilities, suspension of payments by another bank, war,
   emergency conditions, failure of equipment, or other circumstances
   beyond the control of the bank, and (ii) the bank exercises such
   diligence as the circumstances require.