Which of the following holds true for the Uniform Commercial Code Article 4? Question 12 options: The effect of "pay any bank" indorsement means that the bank may not specially indorse the check to a person who is not a bank. A depository bank may not supply any indorsement of the customer necessary to title if the check contains words such as "payee's indorsement required." Under Section 4-212(1), as long as the settlement is final, a collecting bank has the right to "charge-back" or refund if the check is dishonored. If the settlement is provisional, the collecting bank cannot claim a refund. The warranties given in the collection process cannot be disclaimed as to checks