Montana Code > Title 30 > Chapter 4A > Part 1 – Subject Matter and Definitions


§ 30-4A-101	Short title
§ 30-4A-102	Subject matter
§ 30-4A-103	Payment order — definitions
§ 30-4A-104	Funds transfer — definitions
§ 30-4A-105	Other definitions
§ 30-4A-106	Time payment order is received
§ 30-4A-107	Federal reserve regulations and operating circulars
§ 30-4A-108	Relationship to Electronic Fund Transfer Act

Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. ^{Source: OCC}
Federal Reserve System: The central bank of the United States. The Fed, as it is commonly called, regulates the U.S. monetary and financial system. The Federal Reserve System is composed of a central governmental agency in Washington, D.C. (the Board of Governors) and twelve regional Federal Reserve Banks in major cities throughout the United States. ^{Source: OCC}
Person: includes a corporation or other entity as well as a natural person. See Montana Code 1-1-201
Public law: A public bill or joint resolution that has passed both chambers and been enacted into law. Public laws have general applicability nationwide.
State: when applied to the different parts of the United States, includes the District of Columbia and the territories. See Montana Code 1-1-201
Writing: includes printing. See Montana Code 1-1-203