Are altered money orders included under the same "return" deadlines as checks?.......midnight of the day following presentment? Do we have three years for a forged endorsement? Where can I find the rules and/or guidelines for this area? I've looked at Reg J, but couldn't find the answer I'm looking for.
The check collection rules used to be found solely in Reg. J, but now Reg. CC (12 C.F.R. 229) addresses check returns. Also, what you are looking for may be covered by the Uniform Commercial Code (U. C. C.).