# Commercial Law (GCL)

## Title 4. Bank Deposits and Collections

### Subtitle 1. General Provisions and Definitions

#### Section 4-108

(a) For the purpose of allowing time to process items, prove balances, and make the necessary entries on its books to determine its position for the day, a bank may fix an afternoon hour of two p.m. or later as a cutoff hour for the handling of money and items and the making of entries on its books.

(b) An item or deposit of money received on any day after a cutoff hour so fixed or after the close of the banking day may be treated as being received at the opening of the next banking day.

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Md. Code Ann., Com. Law (as displayed at mgaleg.maryland.gov, October 16, 2026)