Indiana Code
Article 1. Uniform Commercial Code
Chapter 4.1. Fund Transfers

26-1-4.1-101. Short Title - Sec. 101. IC 26-1-4.1 may be cited as the Uniform...

26-1-4.1-102. Subject Matter - Sec. 102. Except as otherwise provided in IC 26-1-4.1-108, this...

26-1-4.1-103. Payment Order—definitions - Sec. 103. (a) In IC 26-1-4.1: (1) "Payment order" means...

26-1-4.1-104. Funds Transfer—definitions - Sec. 104. In IC 26-1-4.1: (a) "Funds transfer" means the...

26-1-4.1-105. Other Definitions - Sec. 105. (a) In IC 26-1-4.1: (1) "Authorized account" means...

26-1-4.1-106. Time Payment Order Is Received - Sec. 106. (a) The time of receipt of a payment...

26-1-4.1-107. Federal Reserve Regulations and Operating Circulars - Sec. 107. Regulations of the Board of Governors of the...

26-1-4.1-108. Exclusion of Consumer Transactions Governed by Federal Law - Sec. 108. (a) Except as provided by subsection (b), IC...

26-1-4.1-201. "Security Procedure" - Sec. 201. "Security procedure" means a procedure established by agreement...

26-1-4.1-202. Authorized and Verified Payment Orders - Sec. 202. (a) A payment order received by the receiving...

26-1-4.1-203. Unenforceability of Certain Verified Payment Orders - Sec. 203. (a) If an accepted payment order is not,...

26-1-4.1-204. Refund of Payment and Duty of Customer to Report With Respect to Unauthorized Payment Order - Sec. 204. (a) If a receiving bank accepts a payment...

26-1-4.1-205. Erroneous Payment Orders - Sec. 205. (a) If an accepted payment order was transmitted...

26-1-4.1-206. Transmission of Payment Order Through Funds-Transfer or Other Communication System - Sec. 206. (a) If a payment order addressed to a...

26-1-4.1-207. Misdescription of Beneficiary - Sec. 207. (a) Subject to subsection (b), if, in a...

26-1-4.1-208. Misdescription of Intermediary Bank or Beneficiary's Bank - Sec. 208. (a) This subsection applies to a payment order...

26-1-4.1-209. Acceptance of Payment Order - Sec. 209. (a) Subject to subsection (d), a receiving bank...

26-1-4.1-210. Rejection of Payment Order - Sec. 210. (a) A payment order is rejected by the...

26-1-4.1-211. Cancellation and Amendment of Payment Order - Sec. 211. (a) A communication of the sender of a...

26-1-4.1-212. Liability and Duty of Receiving Bank Regarding Unaccepted Payment Order - Sec. 212. If a receiving bank fails to accept a...

26-1-4.1-301. Execution and Execution Date - Sec. 301. (a) A payment order is "executed" by the...

26-1-4.1-302. Obligations of Receiving Bank in Execution of Payment Order - Sec. 302. (a) Except as provided in subsections (b) through...

26-1-4.1-303. Erroneous Execution of Payment Order - Sec. 303. (a) A receiving bank that (i) executes the...

26-1-4.1-304. Duty of Sender to Report Erroneously Executed Payment Order - Sec. 304. If the sender of a payment order that...

26-1-4.1-305. Liability for Late or Improper Execution or Failure to Execute Payment Order - Sec. 305. (a) If a funds transfer is completed but...

26-1-4.1-401. "Payment Date" - Sec. 401. "Payment date" of a payment order means the...

26-1-4.1-402. Obligation of Sender to Pay Receiving Bank - Sec. 402. (a) This section is subject to IC 26-1-4.1-205...

26-1-4.1-403. Payment by Sender to Receiving Bank - Sec. 403. (a) Payment of the sender's obligation under IC...

26-1-4.1-404. Obligation of Beneficiary's Bank to Pay and Give Notice to Beneficiary - Sec. 404. (a) Subject to IC 26-1-4.1-211(e), IC 26-1-4.1-405(d), and...

26-1-4.1-405. Payment by Beneficiary's Bank to Beneficiary - Sec. 405. (a) If the beneficiary's bank credits an account...

26-1-4.1-406. Payment by Originator to Beneficiary; Discharge of Underlying Obligation - Sec. 406. (a) Subject to IC 26-1-4.1-211(e), IC 26-1-4.1-405(d), and...

26-1-4.1-501. Variation by Agreement and Effect of Funds Transfer System Rule - Sec. 501. (a) Except as otherwise provided in IC 26-1-4.1,...

26-1-4.1-502. Creditor Process Served on Receiving Bank; Setoff by Beneficiary's Bank - Sec. 502. (a) As used in this section, "creditor process"...

26-1-4.1-503. Injunction or Restraining Order With Respect to Funds Transfer - Sec. 503. For proper cause and in compliance with applicable...

26-1-4.1-504. Order in Which Items and Payment Orders May Be Charged to Account; Order of Withdrawals From Account - Sec. 504. (a) If a receiving bank has received more...

26-1-4.1-505. Preclusion of Objection to Debit of Customer's Account - Sec. 505. If a receiving bank has received payment from...

26-1-4.1-506. Rate of Interest - Sec. 506. (a) If, under IC 26-1-4.1, a receiving bank...

26-1-4.1-507. Choice of Law - Sec. 507. (a) The following rules apply unless the affected...