Sec. 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.
Amended by Acts 1995, 74th Leg., ch. 921, Sec. 4, eff. Jan. 1, 1996.