Tex. Bus. & Com. Code § 4.501
Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
A bank that takes a documentary draft for collection shall present or send the draft and accompanying documents for presentment and, upon learning that the draft has not been paid or accepted in due course, shall seasonably notify its customer of the fact even though it may have discounted or bought the draft or extended credit available for withdrawal as of right.
Tex. Bus. and Comm. Code § 4.501