§ 70A-4a-201 Security procedure
§ 70A-4a-202 Authorized and verified payment orders
§ 70A-4a-203 Unenforceability of certain verified payment orders
§ 70A-4a-204 Refund of payment and duty of customer to report with respect to unauthorized payment order
§ 70A-4a-205 Erroneous payment orders
§ 70A-4a-206 Transmission of payment order through funds transfer or other communication system
§ 70A-4a-207 Misdescription of beneficiary
§ 70A-4a-208 Misdescription of intermediary bank or beneficiary’s bank
§ 70A-4a-209 Acceptance of payment order
§ 70A-4a-210 Rejection of payment order
§ 70A-4a-211 Cancellation and amendment of payment order
§ 70A-4a-212 Liability and duty of receiving bank regarding unaccepted payment order

Terms Used In Utah Code > Title 70A > Chapter 4a > Part 2 - Issuance 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: means :Utah Code 68-3-12.5
  • Rescission: The cancellation of budget authority previously provided by Congress. The Impoundment Control Act of 1974 specifies that the President may propose to Congress that funds be rescinded. If both Houses have not approved a rescission proposal (by passing legislation) within 45 days of continuous session, any funds being withheld must be made available for obligation.
  • Restitution: The court-ordered payment of money by the defendant to the victim for damages caused by the criminal action.
  • Signature: includes a name, mark, or sign written with the intent to authenticate an instrument or writing. See Utah Code 68-3-12.5
  • Writing: includes :Utah Code 68-3-12.5