California Code
Commercial Code - COM
DIVISION 11 - FUNDS TRANSFERS

CHAPTER 1 - Subject Matter and Definitions

Section 11101. - 11101. This division may be cited as Uniform Commercial Code—Funds...

Section 11102. - 11102. Except as otherwise provided in Section 11108, this division...

Section 11103. - 11103. (a) In this division: (1) “Payment order” means an...

Section 11104. - 11104. In this division: (a) “Funds transfer” means the series...

Section 11105. - 11105. (a) In this division: (1) “Authorized account” means a...

Section 11106. - 11106. (a) The time of receipt of a payment order...

Section 11107. - 11107. Regulations of the Board of Governors of the Federal...

Section 11108. - 11108. (a) Except as provided in subdivision (b), this division...

CHAPTER 2 - Issue and Acceptance of Payment Order

Section 11201. - 11201. “Security procedure” means a procedure established by agreement of...

Section 11202. - 11202. (a) A payment order received by the receiving bank...

Section 11203. - 11203. (a) If an accepted payment order is not, under...

Section 11204. - 11204. (a) If a receiving bank accepts a payment order...

Section 11205. - 11205. (a) If an accepted payment order was transmitted pursuant...

Section 11206. - 11206. (a) If a payment order addressed to a receiving...

Section 11207. - 11207. (a) Subject to subdivision (b), if, in a payment...

Section 11208. - 11208. (a) This subdivision applies to a payment order identifying...

Section 11209. - 11209. (a) Subject to subdivision (d), a receiving bank other...

Section 11210. - 11210. (a) A payment order is rejected by the receiving...

Section 11211. - 11211. (a) A communication of the sender of a payment...

Section 11212. - 11212. If a receiving bank fails to accept a payment...

CHAPTER 3 - Execution of Sender s Payment Order by Receiving Bank

Section 11301. - 11301. (a) A payment order is “executed” by the receiving...

Section 11302. - 11302. (a) Except as provided in subdivisions (b) to (d),...

Section 11303. - 11303. (a) A receiving bank that (i) executes the payment...

Section 11304. - 11304. If the sender of a payment order that is...

Section 11305. - 11305. (a) If a funds transfer is completed but execution...

CHAPTER 4 - Payment

Section 11401. - 11401. “Payment date” of a payment order means the day...

Section 11402. - 11402. (a) This section is subject to Sections 11205 and...

Section 11403. - 11403. (a) Payment of the sender’s obligation under Section 11402...

Section 11404. - 11404. (a) Subject to subdivision (e) of Section 11211, and...

Section 11405. - 11405. (a) If the beneficiary’s bank credits an account of...

Section 11406. - 11406. (a) Subject to subdivision (e) of Section 11211 and...

CHAPTER 5 - Miscellaneous Provisions

Section 11501. - 11501. (a) Except as otherwise provided in this division, the...

Section 11502. - 11502. (a) As used in this section, “creditor process” means...

Section 11503. - 11503. For proper cause and in compliance with applicable law,...

Section 11504. - 11504. (a) If a receiving bank has received more than...

Section 11505. - 11505. If a receiving bank has received payment from its...

Section 11506. - 11506. (a) If, under this division, a receiving bank is...

Section 11507. - 11507. (a) The following rules apply unless the affected parties...