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LSDefine

Simple English definitions for legal terms

pay any bank

Read a random definition: colorable deviation

A quick definition of pay any bank:

Term: PAY ANY BANK

Definition: Pay any bank is a special type of endorsement on a check that allows only banks to receive the payment until the check is returned to the person who wrote it or endorsed by a bank to someone who is not a bank. This endorsement is governed by the Uniform Commercial Code (UCC) and is used to ensure that the check is processed efficiently and securely.

A more thorough explanation:

Definition: Pay any bank is a type of draft endorsement that allows only banks to acquire the rights of a holder until the draft is either returned to the customer who initiated the collection or specially endorsed by a bank to a non-bank person. This is governed by the Uniform Commercial Code (UCC) § 4-201(b).

Example: Let's say you have a check for $500 that you want to deposit into your bank account. You endorse the check with "Pay Any Bank" and deposit it into your account. The bank can then process the check and credit the funds to your account. However, if the check is returned for any reason, only a bank can acquire the rights to the check until it is returned to you or specially endorsed to a non-bank person.

Explanation: The example illustrates how a "Pay Any Bank" endorsement works in practice. By endorsing the check with "Pay Any Bank," the customer is allowing any bank to process the check and credit the funds to their account. However, if the check is returned for any reason, only a bank can acquire the rights to the check until it is returned to the customer or specially endorsed to a non-bank person. This ensures that the check is handled securely and only by authorized parties.

payable date | payback method

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im distracting myself by schizo-scrolling r/lawschoolamissions and every conceivable data point on this godforsaken website
it is not working
Haaa I naturally want to do that too. I’m trying to stop. They need a surgeon general’s warning on this site for perspective law students
i spend more time on here then anything else trying to rationalize that the waves from last year will match waves for this year (they won't) and that the stats of people with the same stats are indicative of my own (they aren't)
There aren't many people in my stat range so I pretty much know every result in my range after being on here for a few years
9:28
congrats on the 172 bruce
go dawgs fr
9:29
roll tide
do we foresee a fordham election day wave today (i'm delusional)
WorthlessAttractiveZombie
9:31
I think so, Jack
9:31
some people hate him. some people love him, but he a real one: https://youtu.be/w5oEqiVQcF4?t=173
9:32
[kevin oleary]
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
WorthlessAttractiveZombie
9:34
I mean if Fordham doesn't release today I will purposefully get on a train, go to new york, and then take the stinkiest shit inside the admission office's toilet (potentially clogging it and forcing them to get a plumber)
IS IT ONLY ON MY END WHY DID THAT SEND TEN MILLION TIMES
HELLO
WorthlessAttractiveZombie
9:35
it sent a million times lol
WHAT HAPPENED
yeah i thought you were tweaking for a second
i'm so sorry everyone what the actual fuck this website hates me
WorthlessAttractiveZombie
9:35
Jack's just tweaking on LSD no biggie
to be fair this accurately represents my mental state
election day psychosis coming in hot (fordham)
usc pls pull through .....
i literally just need one A so i can relax before my ED decision
WorthlessAttractiveZombie
9:38
oh that's right USC might release
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