Section 4.106 - Payable Through or Payable At Bank; Collecting Bank(a) If an item states that it is "payable through" a bank identified in the item, the item: (1) designates the bank as a collecting bank and does not by itself authorize the bank to pay the item; and(2) may be presented for payment only by or through the bank.(b) If an item states that it is "payable at" a bank identified in the item, the item is equivalent to a draft drawn on the bank.(c) If a draft names a nonbank drawee and it is unclear whether a bank named in the draft is a co-drawee or a collecting bank, the bank is a collecting bank.Tex. Bus. and Comm. Code § 4.106
Amended by Acts 1995, 74th Leg., ch. 921, Sec. 4, eff. 1/1/1996.