Issue and Acceptance of Payment Order | Midpage

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Rhode Island General Laws

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Issue and Acceptance of Payment Order

6A-4.1-201Security procedure 6A-4.1-202Authorized and verified payment orders 6A-4.1-203Unenforceability of certain verified payment orders 6A-4.1-204Refund of payment and duty of customer to report with respect to unauthorized payment order 6A-4.1-205Erroneous payment orders 6A-4.1-206Transmission of payment order through funds transfer or other communication system 6A-4.1-207Misdescription of beneficiary 6A-4.1-208Misdescription of intermediary bank or beneficiary’s bank 6A-4.1-209Acceptance of payment order 6A-4.1-210Rejection of payment order 6A-4.1-211Cancellation and amendment of payment order 6A-4.1-212Liability and duty of receiving bank regarding unaccepted payment order