101 STAT. 640
PUBLIC LAW 100-86—AUG. 10, 1987 the business day after the business day on which such funds otherwise are available under subparagraph (A), (ii) 5 P.M. CASH AVAILABILITY.—Not more than $400 (or the maximum amount allowable in the case of a withdrawal from an automated teller machine but not more than $400) of funds deposited by one or more -' checks to which this subparagraph applies shall be available for cash withdrawal not later than 5 o'clock post meridian of the business day on which such funds are available under subparagraph (A). (iii) $100 AVAILABILITY.—Any amount available for withdrawal under this subparagraph shall be in addif: tion to the amount available under subsection (a)(2)(D). (2) AVAILABILITY OF NONLOCAL CHECKS.—Subject to subsections (a)(2), (d), and (e) of this section and section 604, not more than 6 business days shall intervene between the business day on which funds are deposited in an account at a depository institution by a check drawn on a nonlocal originating depository institution and the business day on which such funds are available for withdrawal. (3) APPLICABILTTY.—This subsection shall apply with respect to funds deposited by check in an account at a depository institution after August 31, 1988, and before September 1, 1990, except as may be otherwise provided under subsection (b)(4).
Regulations.
(d) TIME PERIOD ADJUSTMENTS.— (1) REDUCTION GENERALLY.—Notwithstanding any other provi-
sion of law, the Board shall, by regulation, reduce the time periods established under subsections (b), (c), and (e) to as short a time as possible and equal to the period of time achievable under the improved check clearing system for a receiving depository institution to reasonably expect to learn of the nonpa3mient of most items for each category of checks. (2)
Alaska. Hawaii. Puerto Rico. Virgin Islands.
EXTENSION FOR CERTAIN DEPOSITS IN NONCONTIGUOUS
STATES OR TERRITORIES.—Notwithstanding any other provision of law, any time period established under subsection (b), (c), or (e) shall be extended by 1 business day in the case of any deposit which is both— (A) deposited in an account at a depository institution which is located in Alaska, Hawaii, Puerto Rico, or the Virgin Islands; and (B) deposited by a check drawn on an originating depository institution which is not located in the same State, commonwealth, or territory as the receiving depository institution. (e) DEPOSITS AT AN ATM.— (1) NONPROPRIETARY ATM—TEMPORARY SCHEDULE.—
(A) IN GENERAL.—Not more than 6 business days shall intervene between the business day a deposit described in subparagraph (B) is made at a nonproprietary automated teller machine (for deposit in an account at a depository institution) and the business day on which funds from such deposit are available for withdrawal. (B) DEPOSITS DESCRIBED IN THIS PARAGRAPH.—A deposit is described in this subparagraph if it is— (i) a cash deposit; (ii) a deposit made by a check described in subsection (a)(2);
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