§ 7-4A-201 Security procedure
§ 7-4A-202 Authorized and verified payment orders
§ 7-4A-203 Unenforceability of certain verified payment orders
§ 7-4A-204 Refund of payment and duty of customer to report with respect to unauthorized payment order
§ 7-4A-205 Erroneous payment orders
§ 7-4A-206 Transmission of payment order through funds-transfer or other communication system
§ 7-4A-207 Misdescription of beneficiary
§ 7-4A-208 Misdescription of intermediary bank or beneficiary’s bank
§ 7-4A-209 Acceptance of payment order
§ 7-4A-210 Rejection of payment order
§ 7-4A-211 Cancellation and amendment of payment order
§ 7-4A-212 Liability and duty of receiving bank regarding unaccepted payment order

Terms Used In Alabama Code > Title 7 > Article 4A > Part 2

  • Allegation: something that someone says happened.
  • Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
  • Amortization: Paying off a loan by regular installments.
  • Equitable: Pertaining to civil suits in "equity" rather than in "law." In English legal history, the courts of "law" could order the payment of damages and could afford no other remedy. See damages. A separate court of "equity" could order someone to do something or to cease to do something. See, e.g., injunction. In American jurisprudence, the federal courts have both legal and equitable power, but the distinction is still an important one. For example, a trial by jury is normally available in "law" cases but not in "equity" cases. Source: U.S. Courts
  • Injunction: An order of the court prohibiting (or compelling) the performance of a specific act to prevent irreparable damage or injury.
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • Service of process: The service of writs or summonses to the appropriate party.
  • Testify: Answer questions in court.