Article 4a. Funds Transfers
Part 1. Subject Matter and Definitions
- Ala. Code § 7-4A-101 (1975) Short Title
- Ala. Code § 7-4A-102 (1975) Subject Matter
- Ala. Code § 7-4A-103 (1975) [Effective Until 7/1/2024] Payment Order - Definitions
- Ala. Code § 7-4A-103 (1975) [Effective 7/1/2024] Payment Order - Definitions
- Ala. Code § 7-4A-104 (1975) Funds Transfer - Definitions
- Ala. Code § 7-4A-105 (1975) Other Definitions
- Ala. Code § 7-4A-106 (1975) Time Payment Order Is Received
- Ala. Code § 7-4A-107 (1975) Federal Reserve Regulations and Operating Circulars
- Ala. Code § 7-4A-108 (1975) Applicability to Consumer Transactions Governed By Federal Law
Part 2. Issue and Acceptance of Payment Order
- Ala. Code § 7-4A-201 (1975) [Effective Until 7/1/2024] Security Procedure
- Ala. Code § 7-4A-201 (1975) [Effective 7/1/2024] Security Procedure
- Ala. Code § 7-4A-202 (1975) [Effective Until 7/1/2024] Authorized and Verified Payment Orders
- Ala. Code § 7-4A-202 (1975) [Effective 7/1/2024] Authorized and Verified Payment Orders
- Ala. Code § 7-4A-203 (1975) [Effective Until 7/1/2024] Unenforceability of Certain Verified Payment Orders
- Ala. Code § 7-4A-203 (1975) [Effective 7/1/2024] Unenforceability of Certain Verified Payment Orders
- Ala. Code § 7-4A-204 (1975) Refund of Payment and Duty of Customer to Report With Respect to Unauthorized Payment Order
- Ala. Code § 7-4A-205 (1975) Erroneous Payment Orders
- Ala. Code § 7-4A-206 (1975) Transmission of Payment Order Through Funds-Transfer Or Other Communication System
- Ala. Code § 7-4A-207 (1975) [Effective Until 7/1/2024] Misdescription of Beneficiary
- Ala. Code § 7-4A-207 (1975) [Effective 7/1/2024] Misdescription of Beneficiary
- Ala. Code § 7-4A-208 (1975) [Effective Until 7/1/2024] Misdescription of Intermediary Bank Or Beneficiary's Bank
- Ala. Code § 7-4A-208 (1975) [Effective 7/1/2024] Misdescription of Intermediary Bank Or Beneficiary's Bank
- Ala. Code § 7-4A-209 (1975) Acceptance of Payment Order
- Ala. Code § 7-4A-210 (1975) [Effective Until 7/1/2024] Rejection of Payment Order
- Ala. Code § 7-4A-210 (1975) [Effective 7/1/2024] Rejection of Payment Order
- Ala. Code § 7-4A-211 (1975) [Effective Until 7/1/2024] Cancellation and Amendment of Payment Order
- Ala. Code § 7-4A-211 (1975) [Effective 7/1/2024] Cancellation and Amendment of Payment Order
- Ala. Code § 7-4A-212 (1975) Liability and Duty of Receiving Bank Regarding Unaccepted Payment Order
Part 3. Execution of Sender's Payment Order By Receiving Bank
- Ala. Code § 7-4A-301 (1975) Execution and Execution Date
- Ala. Code § 7-4A-302 (1975) Obligations of Receiving Bank In Execution of Payment Order
- Ala. Code § 7-4A-303 (1975) Erroneous Execution of Payment Order
- Ala. Code § 7-4A-304 (1975) Duty of Sender to Report Erroneously Executed Payment Order
- Ala. Code § 7-4A-305 (1975) [Effective Until 7/1/2024] Liability For Late Or Improper Execution Or Failure to Execute Payment Order
- Ala. Code § 7-4A-305 (1975) [Effective 7/1/2024] Liability For Late Or Improper Execution Or Failure to Execute Payment Order
Part 4. Payment
- Ala. Code § 7-4A-401 (1975) Payment Date
- Ala. Code § 7-4A-402 (1975) Obligation of Sender to Pay Receiving Bank
- Ala. Code § 7-4A-403 (1975) Payment By Sender to Receiving Bank
- Ala. Code § 7-4A-404 (1975) Obligation of Beneficiary's Bank to Pay and Give Notice to Beneficiary
- Ala. Code § 7-4A-405 (1975) Payment By Beneficiary's Bank to Beneficiary
- Ala. Code § 7-4A-406 (1975) Payment By Originator to Beneficiary; Discharge of Underlying Obligation
Part 5. Miscellaneous Provisions
- Ala. Code § 7-4A-501 (1975) Variation By Agreement and Effect of Funds-Transfer System Rule
- Ala. Code § 7-4A-502 (1975) Creditor Process Served On Receiving Bank; Setoff By Beneficiary's Bank
- Ala. Code § 7-4A-503 (1975) Injunction Or Restraining Order With Respect to Funds Transfer
- Ala. Code § 7-4A-504 (1975) Order In Which Items and Payment Orders May Be Charged to Account; Order of Withdrawals From Account
- Ala. Code § 7-4A-505 (1975) Preclusion of Objection to Debit of Customer's Account
- Ala. Code § 7-4A-506 (1975) Rate of Interest
- Ala. Code § 7-4A-507 (1975) Choice of Law
Part 6. Uniformity