California Laws: Commercial Code Sections 11401-11406
California Laws > Commercial Code
- California Laws: Commercial Code Section 11401
"Payment date" of a payment order means the day on which the amount of the order is payable to the beneficiary by the beneficiary' s... - California Laws: Commercial Code Section 11402
(a) This section is subject to Sections 11205 and 11207. (b) With respect to a payment order issued to the beneficiary's bank, acceptance of the... - California Laws: Commercial Code Section 11403
(a) Payment of the sender's obligation under Section 11402 to pay the receiving bank occurs as follows: (1) If the sender is a bank, payment... - California Laws: Commercial Code Section 11404
(a) Subject to subdivision (e) of Section 11211, and subdivisions (d) and (e) of Section 11405, if a beneficiary's bank accepts a payment order, the... - California Laws: Commercial Code Section 11405
(a) If the beneficiary's bank credits an account of the beneficiary of a payment order, payment of the bank's obligation under subdivision (a) of Section... - California Laws: Commercial Code Section 11406
(a) Subject to subdivision (e) of Section 11211 and subdivisions (d) and (e) of Section 11405, the originator of a funds transfer pays the beneficiary...