| Sections | ||
PART 1 SUBJECT MATTER AND DEFINITIONS | ||
| 62A.4A-101 | Short title. | |
| 62A.4A-102 | Subject matter. | |
| 62A.4A-103 | Payment order—Definitions. | |
| 62A.4A-104 | Funds transfer—Definitions. | |
| 62A.4A-105 | Other definitions. | |
| 62A.4A-106 | Time payment order is received. | |
| 62A.4A-107 | Federal reserve regulations and operating circulars. | |
| 62A.4A-108 | Relationship to electronic fund transfer act. | |
PART 2 ISSUE AND ACCEPTANCE OF PAYMENT ORDER | ||
| 62A.4A-201 | Security procedure. | |
| 62A.4A-202 | Authorized and verified payment orders. | |
| 62A.4A-203 | Unenforceability of certain verified payment orders. | |
| 62A.4A-204 | Refund of payment and duty of customer to report with respect to unauthorized payment order. | |
| 62A.4A-205 | Erroneous payment orders. | |
| 62A.4A-206 | Transmission of payment order through funds-transfer or other communication system. | |
| 62A.4A-207 | Misdescription of beneficiary. | |
| 62A.4A-208 | Misdescription of intermediary bank or beneficiary's bank. | |
| 62A.4A-209 | Acceptance of payment order. | |
| 62A.4A-210 | Rejection of payment order. | |
| 62A.4A-211 | Cancellation and amendment of payment order. | |
| 62A.4A-212 | Liability and duty of receiving bank regarding unaccepted payment order. | |
PART 3 EXECUTION OF SENDER'S PAYMENT ORDER BY RECEIVING BANK | ||
| 62A.4A-301 | Execution and execution date. | |
| 62A.4A-302 | Obligations of receiving bank in execution of payment order. | |
| 62A.4A-303 | Erroneous execution of payment order. | |
| 62A.4A-304 | Duty of sender to report erroneously executed payment order. | |
| 62A.4A-305 | Liability for late or improper execution or failure to execute payment order. | |
PART 4 PAYMENT | ||
| 62A.4A-401 | Payment date. | |
| 62A.4A-402 | Obligation of sender to pay receiving bank. | |
| 62A.4A-403 | Payment by sender to receiving bank. | |
| 62A.4A-404 | Obligation of beneficiary's bank to pay and give notice to beneficiary. | |
| 62A.4A-405 | Payment by beneficiary's bank to beneficiary. | |
| 62A.4A-406 | Payment by originator to beneficiary; discharge of underlying obligation. | |
PART 5 MISCELLANEOUS PROVISIONS | ||
| 62A.4A-501 | Variation by agreement and effect of funds-transfer system rule. | |
| 62A.4A-502 | Creditor process served on receiving bank; setoff by beneficiary's bank. | |
| 62A.4A-503 | Injunction or restraining order with respect to funds transfer. | |
| 62A.4A-504 | Order in which items and payment orders may be charged to account; order of withdrawals from account. | |
| 62A.4A-505 | Preclusion of objection to debit of customer's account. | |
| 62A.4A-506 | Rate of interest. | |
| 62A.4A-507 | Choice of law. | |