404.402 Bank’s liability to customer for wrongful dishonor; time of determining insufficiency of account.
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/wi/chapter-404/404-402A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
404.402 Bank’s liability to customer for wrongful dishonor; time of determining insufficiency of account.
(1)Except as otherwise provided in this chapter, a payer bank wrongfully dishonors an item if it dishonors an item that is properly payable, but a bank may dishonor an item that would create an overdraft unless it has agreed to pay the overdraft.