§ 4A-105. Other Definitions
Oklahoma Statutes AnnotatedTitle 12A. Commercial Code
12A Okl.St.Ann. § 4A-105
§ 4A-105. Other Definitions
OTHER DEFINITIONS
(1) “Authorized account” means a deposit account of a customer in a bank designated by the customer as a source of payment of payment orders issued by the customer to the bank. If a customer does not so designate an account, any account of the customer is an authorized account if payment of a payment order from that account is not inconsistent with a restriction on the use of that account.
“Acceptance” | Section 4A-209 |
“Beneficiary” | Section 4A-103 |
“Beneficiary's bank” | Section 4A-103 |
“Executed” | Section 4A-301 |
“Execution date” | Section 4A-301 |
“Funds transfer” | Section 4A-104 |
“Funds-transfer system rule” | Section 4A-501 |
“Intermediary bank” | Section 4A-104 |
“Originator” | Section 4A-104 |
“Originator's bank” | Section 4A-104 |
“Payment by beneficiary's bank to beneficiary” | Section 4A-405 |
“Payment by originator to beneficiary” | Section 4A-406 |
“Payment by sender to receiving bank” | Section 4A-403 |
“Payment date” | Section 4A-401 |
“Payment order” | Section 4A-103 |
“Receiving bank” | Section 4A-103 |
“Security procedure” | Section 4A-201 |
“Sender” | Section 4A-103 |
“Clearing house” | Section 4-104 |
“Item” | Section 4-104 |
“Suspends payments” | Section 4-104 |
Credits
Laws 1990, c. 110, § 5, eff. July 1, 1991.
12A Okl. St. Ann. § 4A-105, OK ST T. 12A § 4A-105
Current with emergency effective legislation through Chapter 277 of the Second Regular Session of the 59th Legislature (2024). Some sections may be more current, see credits for details.
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