§12A-4-212.

§12A-4-212.
   
     PRESENTMENT BY NOTICE OF ITEM NOT PAYABLE BY, THROUGH, OR AT BANK;
                                      
                      LIABILITY OF DRAWER OR INDORSER
                                      
   (a) Unless otherwise instructed, a collecting bank may present an item
   not payable by, through, or at a bank by sending to the party to
   accept or pay a written notice that the bank holds the item for
   acceptance or payment. The notice must be sent in time to be received
   on or before the day when presentment is due and the bank must meet
   any requirement of the party to accept or pay under Section 3-501 by
   the close of the bank's next banking day after it knows of the
   requirement.
   
   (b) If presentment is made by notice and payment, acceptance, or
   request for compliance with a requirement under Section 3-501 of this
   title is not received by the close of business on the day after
   maturity or, in the case of demand items, by the close of business on
   the third banking day after notice was sent, the presenting bank may
   treat the item as dishonored and charge any drawer or indorser by
   sending it notice of the facts.