§12A-4-501.

§12A-4-501.
   
        HANDLING OF DOCUMENTARY DRAFTS; DUTY TO SEND FOR PRESENTMENT
                                      
                     AND TO NOTIFY CUSTOMER OF DISHONOR
                                      
   A bank that takes a documentary draft for collection shall present or
   send the draft and accompanying documents for presentment and, upon
   learning that the draft has not been paid or accepted in due course,
   shall seasonably notify its customer of the fact even though it may
   have discounted or bought the draft or extended credit available for
   withdrawal as of right.