PocketLaw | District Of Columbia Code | Subject Matter and Definitions

Subject Matter and Definitions

Checkout our iOS App for a better way to browser and research.

4A-101. Short title

4A-102. Subject matter

4A-103. Payment order — definitions

4A-104. Funds transfer — definitions

4A-105. Other definitions

4A-106. Time payment order is received

4A-107. Federal Reserve regulations and operating circulars

4A-108. Relationship to Electronic Fund Transfers Act

4A-201. Security procedure

4A-202. Authorized and verified payment orders

4A-203. Unenforceability of certain verified payment orders

4A-204. Refund of payment and duty of customer to report with respect to unauthorized payment order

4A-205. Erroneous payment orders

4A-206. Transmission of payment order through funds-transfer or other communication system

4A-207. Misdescription of beneficiary

4A-208. Misdescription of intermediary bank or beneficiary’s bank

4A-209. Acceptance of payment order

4A-210. Rejection of payment order

4A-211. Cancellation and amendment of payment order

4A-212. Liability and duty of receiving bank regarding unaccepted payment order

4A-301. Execution and execution date

4A-302. Obligations of receiving bank in execution of payment order

4A-303. Erroneous execution of payment order

4A-304. Duty of sender to report erroneously executed payment order

4A-305. Liability for late or improper execution or failure to execute payment order

4A-401. Payment date

4A-402. Obligation of sender to pay receiving bank

4A-403. Payment by sender to receiving bank

4A-404. Obligation of beneficiary’s bank to pay and give notice to beneficiary

4A-405. Payment by beneficiary’s bank to beneficiary

4A-406. Payment by originator to beneficiary; discharge of underlying obligation

4A-501. Variation by agreement and effect of funds-transfer system rule

4A-502. Creditor process served on receiving bank; setoff by beneficiary’s bank

4A-503. Injunction or restraining order with respect to funds transfer

4A-504. Order in which items and payment orders may be charged to account; order of withdrawals from account

4A-505. Preclusion of objection to debit of customer’s account

4A-506. Rate of interest

4A-507. Choice of law