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§ 4A-401. Payment Date

Oklahoma Statutes AnnotatedTitle 12A. Commercial Code

Oklahoma Statutes Annotated
Title 12a. Commercial Code (Refs & Annos)
Article 4a. Funds Transfers (Refs & Annos)
Part 4. Payment
12A Okl.St.Ann. § 4A-401
§ 4A-401. Payment Date
PAYMENT DATE
“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 bank. The payment date may be determined by instruction of the sender but cannot be earlier than the day the order is received by the beneficiary's bank and, unless otherwise determined, is the day the order is received by the beneficiary's bank.

Credits

Laws 1990, c. 110, § 26, eff. July 1, 1991.
12A Okl. St. Ann. § 4A-401, OK ST T. 12A § 4A-401
Current with emergency effective legislation through Chapter 257 of the Second Regular Session of the 59th Legislature (2024). Some sections may be more current, see credits for details.
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