Massachusetts General Laws
Chapter 106 - Uniform Commercial Code
Article 4a - Funds Transfers

Section 4a-103 - Payment Order — Definitions - Section 4A–103. (a) In this Article, unless the context otherwise...

Section 4a-304 - Duty of Sender to Report Erroneously Executed Payment Order - Section 4A–304. If the sender of a payment order that...

Section 4a-305 - Liability for Late or Improper Execution or Failure to Execute Payment Order - Section 4A–305. (a) If a funds transfer is completed but...

Section 4a-401 - Payment Date - Section 4A–401. ''Payment date'' of a payment order means the...

Section 4a-402 - Obligation of Sender to Pay Receiving Bank - Section 4A–402. (a) This section is subject to the provisions...

Section 4a-403 - Payment by Sender to Receiving Bank - Section 4A–403. (a) Payment of the sender's obligation under section...

Section 4a-404 - Obligation of Beneficiary's Bank to Pay and Give Notice to Beneficiary - Section 4A–404. (a) Subject to subsection (e) of section 4A–211...

Section 4a-405 - Payment by Beneficiary's Bank to Beneficiary - Section 4A–405. (a) If the beneficiary's bank credits an account...

Section 4a-303 - Erroneous Execution of Payment Order - Section 4A–303. (a) A receiving bank that (i) executes the...

Section 4a-406 - Payment by Originator to Beneficiary; Discharge of Underlying Obligation - Section 4A–406. (a) Subject to subsection (e) of section 4A–211,...

Section 4a-502 - Creditor Process Served on Receiving Bank; Setoff by Beneficiary's Bank - Section 4A–502. (a) As used in this section, ''creditor process''...

Section 4a-503 - Injunction or Restraining Order With Respect to Funds Transfer - Section 4A–503. For proper cause and in compliance with applicable...

Section 4a-504 - Order in Which Items and Payment Orders May Be Charged to Account; Order or Withdrawals From Account - Section 4A–504. (a) If a receiving bank has received more...

Section 4a-505 - Preclusion of Objection to Debit of Customer's Account - Section 4A–505. If a receiving bank has received payment from...

Section 4a-506 - Rate of Interest - Section 4A–506. (a) If, under this Article, a receiving bank...

Section 4a-507 - Choice of Law - Section 4A–507. (a) The following rules shall apply unless the...

Section 4a-102 - Subject Matter - Section 4A–102. Except as otherwise provided in section 4A–108, this...

Section 4a-501 - Variation by Agreement and Effect of Funds Transfer System Rule - Section 4A–501. (a) Except as otherwise provided in this Article,...

Section 4a-302 - Obligations of Receiving Bank in Execution of Payment Order - Section 4A–302. (a) Except as provided in subsections (b) to...

Section 4a-104 - Funds Transfer — Definitions - Section 4A–104. In this Article, unless the context otherwise requires,...

Section 4a-212 - Liability and Duty of Receiving Bank Regarding Unaccepted Payment Order - Section 4A–212. If a receiving bank fails to accept a...

Section 4a-301 - Execution and Execution Date - Section 4A–301. (a) A payment order is ''executed'' by the...

Section 4a-105 - Other Definitions - Section 4A–105. (a) In this Article, unless the context otherwise...

Section 4a-106 - Time Payment Order Is Received - Section 4A–106. (a) The time of receipt of a payment...

Section 4a-107 - Federal Reserve Regulations and Operating Circulars - Section 4A–107. Regulations of the board of governors of the...

Section 4a-101 - Short Title - Section 4A–101. This Article shall be known and may be...

Section 4a-201 - Security Procedure - Section 4A–201. ''Security procedure'' means a procedure established by agreement...

Section 4a-202 - Authorized and Verified Payment Orders - Section 4A–202. (a) A payment order received by the receiving...

Section 4a-203 - Unenforceability of Certain Verified Payment Orders - Section 4A–203. (a) If an accepted payment order is not,...

Section 4a-108 - Relationship to Electronic Fund Transfer Act - Section 4A–108. (a) Except as provided in subsection (b), this...

Section 4a-205 - Erroneous Payment Orders - Section 4A–205. (a) If an accepted payment order was transmitted...

Section 4a-206 - Transmission of Payment Order Through Funds Transfer or Other Communication System - Section 4A–206. (a) If a payment order addressed to a...

Section 4a-207 - Misdescription of Beneficiary - Section 4A–207. (a) Subject to the provisions of subsection (b),...

Section 4a-208 - Misdescription of Intermediary Bank or Beneficiary's Bank - Section 4A–208. (a) This subsection shall apply to a payment...

Section 4a-209 - Acceptance of Payment Order - Section 4A–209. (a) Subject to subsection (d), a receiving bank...

Section 4a-210 - Rejection of Payment Order - Section 4A–210. (a) A payment order is rejected by the...

Section 4a-211 - Cancellation and Amendment of Payment Order - Section 4A–211. (a) A communication of the sender of a...

Section 4a-204 - Refund of Payment and Duty of Customer to Report With Respect to Unauthorized Payment Order - Section 4A–204. (a) If a receiving bank accepts a payment...