Title 11. COMMERCIAL CODE

Chapter 4A.

38 sections · 11-4A-101 to 11-4A-507

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Article 4A. FUNDS TRANSFERS · Part 1. SUBJECT MATTER AND DEFINITIONS

11-4A-201Security procedure.
11-4A-202Authorized and verified payment orders.
11-4A-203Unenforceability of certain verified payment orders.
11-4A-204Refund of payment and duty of customer to report with respect to unauthorized payment order.
11-4A-205Erroneous payment orders.
11-4A-206Transmission of payment order through funds-transfer or other communication system.
11-4A-207Misdescription of beneficiary.
11-4A-208Misdescription of intermediary bank or beneficiary’s bank.
11-4A-209Acceptance of payment order.
11-4A-210Rejection of payment order.
11-4A-211Cancellation and amendment of payment order.
11-4A-212Liability and duty of receiving bank regarding unaccepted payment order.

11-4A-301Execution and execution date.
11-4A-302Obligations of receiving bank in execution of payment order.
11-4A-303Erroneous execution of payment order.
11-4A-304Duty of sender to report erroneously executed payment order.
11-4A-305Liability for late or improper execution or failure to execute payment order.

11-4A-401Payment date.
11-4A-402Obligation of sender to pay receiving bank.
11-4A-403Payment by sender to receiving bank.
11-4A-404Obligation of beneficiary’s bank to pay and give notice to beneficiary.
11-4A-405Payment by beneficiary’s bank to beneficiary.
11-4A-406Payment by originator to beneficiary; discharge of underlying obligation.

11-4A-501Variation by agreement and effect of funds-transfer system rule.
11-4A-502Creditor process served on receiving bank; setoff by beneficiary’s bank.
11-4A-503Injunction or restraining order with respect to funds transfer.
11-4A-504Order in which items and payment orders may be charged to account; order of withdrawals from account.
11-4A-505Preclusion of objection to debit of customer’s account.
11-4A-506Rate of interest.
11-4A-507Choice of law.