§ 47-4A-201 Security procedure
§ 47-4A-202 Authorized and verified payment orders
§ 47-4A-203 Unenforceability of certain verified payment orders
§ 47-4A-204 Refund of payment and duty of customer to report with respect to unauthorized payment order
§ 47-4A-205 Erroneous payment orders
§ 47-4A-206 Transmission of payment order through funds-transfer or other communication system
§ 47-4A-207 Misdescription of beneficiary
§ 47-4A-208 Misdescription of intermediary bank or beneficiary’s bank
§ 47-4A-209 Acceptance of payment order
§ 47-4A-210 Rejection of payment order
§ 47-4A-211 Cancellation and amendment of payment order
§ 47-4A-212 Liability and duty of receiving bank regarding unaccepted payment order

Terms Used In Tennessee Code > Title 47 > Chapter 4A > Part 2 - Issue and Acceptance of Payment Order

  • 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.
  • 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
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • Person: includes a corporation, firm, company or association. See Tennessee Code 1-3-105
  • Restitution: The court-ordered payment of money by the defendant to the victim for damages caused by the criminal action.
  • signed: includes a mark, the name being written near the mark and witnessed, or any other symbol or methodology executed or adopted by a party with intention to authenticate a writing or record, regardless of being witnessed. See Tennessee Code 1-3-105
  • written: includes printing, typewriting, engraving, lithography, and any other mode of representing words and letters. See Tennessee Code 1-3-105