30-4-110. Payable through or payable at bank -- collecting bank. (1) If an item states that it is "payable through" a bank identified in the item:
     (a) the item designates the bank as a collecting bank and does not by itself authorize the bank to pay the item; and
     (b) the item may be presented for payment only by or through the bank.
     (2) If an item states that it is "payable at" a bank identified in the item, the item is drawn on the bank.

     History: En. Sec. 159, Ch. 410, L. 1991.