HRS §490:4-212
Presenting an item by notice when it is not payable at a bank
This section lets a collecting bank present certain checks or items by written notice instead of showing the item in person. The bank must send the notice on time and follow any payment or acceptance rules. If the other party does not respond by the deadline, the bank can treat the item as dishonored and charge the drawer or indorser.
businessesfinancial institutions
The statute, as written — Presentment by notice of item not payable by, through, or at a 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 490:3-501 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 490:3-501 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.
Sections this one refers to
§490:3-501 Presentment
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