California Laws: Commercial Code Sections 11301-11305

California Laws > Commercial Code

• California Laws: Commercial Code Section 11301
  (a) A payment order is "executed" by the receiving bank when it issues a payment order intended to carry out the payment order received by...
• California Laws: Commercial Code Section 11302
  (a) Except as provided in subdivisions (b) to (d), inclusive, if the receiving bank accepts a payment order pursuant to subdivision (a) of Section 11209,...
• California Laws: Commercial Code Section 11303
  (a) A receiving bank that (i) executes the payment order of the sender by issuing a payment order in an amount greater than the amount...
• California Laws: Commercial Code Section 11304
  If the sender of a payment order that is erroneously executed as stated in Section 11303 receives notification from the receiving bank that the order...
• California Laws: Commercial Code Section 11305
  (a) If a funds transfer is completed but execution of a payment order by the receiving bank in breach of Section 11302 results in delay...