Utah Code > Title 70A > Chapter 4a > Part 1 – Subject Matter and Definitions


§ 70A-4a-101	Short title
§ 70A-4a-102	Subject matter
§ 70A-4a-103	Payment order — Definitions
§ 70A-4a-104	Funds transfer — Definitions
§ 70A-4a-105	Other definitions
§ 70A-4a-106	Time payment order is received
§ 70A-4a-107	Federal reserve regulations and operating circulars
§ 70A-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: means :Utah Code 68-3-12.5
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 a state, district, or territory of the United States. See Utah Code 68-3-12.5
Uniform Commercial Code: A set of statutes enacted by the various states to provide consistency among the states' commercial laws. It includes negotiable instruments, sales, stock transfers, trust and warehouse receipts, and bills of lading. ^{Source: OCC}
Writing: includes :Utah Code 68-3-12.5