Florida Statutes Part I - Subject Matter And Definitions (Ss. 670.101-670.108)
670.101 - Short Title.
This chapter may be cited as the “Uniform Commercial Code—Funds Transfers.”History.—s. 1, ch. 91-70.
670.102 - Subject Matter.
Except as otherwise provided in s. 670.108, this chapter applies to funds transfers defined in s. 670.104.History.—s. 1, ch. 91-70.
670.103 - Payment Order: Definitions.
(1) In this chapter, the term:(a) “Beneficiary” means the person to be paid by the beneficiary’s bank.(b) “Beneficiary’s bank” means the bank identified in a payment order in...
670.104 - Funds Transfer: Definitions.
In this chapter, the term:(1) “Funds transfer” means the series of transactions, beginning with the originator’s payment order, made for the purpose of making payment to...
670.105 - Other Definitions.
(1) In this chapter, the term:(a) “Authorized account” means a deposit account of a customer in a bank designated by the customer as a source of payment...
670.106 - Time Payment Order Is Received.
(1) The time of receipt of a payment order or communication canceling or amending a payment order is determined by the rules applicable to receipt of...