Georgia Code
Part 1 - Subject Matter and Definitions
§ 11-4A-105. Other Definitions

Acceptance.” Code Section 11-4A-209.
“Beneficiary.” Code Section 11-4A-103.
“Beneficiary’s bank.” Code Section 11-4A-103.
“Executed.” Code Section 11-4A-301.
“Execution date.” Code Section 11-4A-301.
“Funds transfer.” Code Section 11-4A-104.
“Funds-transfer system rule.” Code Section 11-4A-501.
“Intermediary bank.” Code Section 11-4A-104.
“Originator.” Code Section 11-4A-104.
“Originator’s bank.” Code Section 11-4A-104.
“Payment by beneficiary’s bank to beneficiary.” Code Section 11-4A-405.
“Payment by originator to beneficiary.” Code Section 11-4A-406.
“Payment by sender to receiving bank.” Code Section 11-4A-403.
“Payment date.” Code Section 11-4A-401.
“Payment order.” Code Section 11-4A-103.
“Receiving bank.” Code Section 11-4A-103.
“Security procedure.” Code Section 11-4A-201.
“Sender.” Code Section 11-4A-103.
“Clearing house.” Code Section 11-4-104.
“Item.” Code Section 11-4-104.
“Suspends payments.” Code Section 11-4-104.
History. Code 1981, § 11-4A-105 , enacted by Ga. L. 1992, p. 2685, § 4; Ga. L. 2015, p. 996, § 3B-13/SB 65.
Editor’s notes.
Ga. L. 2015, p. 996, § 1-1/SB 65, not codified by the General Assembly, provides: “(a) This Act shall be known and may be cited as the ‘Debtor-Creditor Uniform Law Modernization Act of 2015.’
“(b) To promote consistency among the states, it is the intent of the General Assembly to modernize certain existing uniform laws promulgated by the Uniform Law Commission affecting debtor and creditor rights, responsibilities, and relationships and other federally recognized laws affecting such rights, responsibilities, and relationships.