Alaska Statutes Title 45, Chapter 45.14, Article 01 - Subject Matter and Definitions

• Sec. 45.14.101 Short Title.
  This chapter may be cited as Uniform Commercial Code - Funds Transfers.
• Sec. 45.14.102 Subject Matter.
  Except as otherwise provided in AS 45.14.108 , this chapter applies to funds transfers defined in AS 45.14.104 .
• Sec. 45.14.103 Payment Order; Definitions.
  (a) In this chapter,(1) "payment order" means an instruction of a sender to a receiving bank, transmitted orally, electronically, or in writing, to pay,...
• Sec. 45.14.104 Funds Transfer; Definitions.
  In this chapter,(1) "funds transfer" means the series of transactions, beginning with the originator's payment order, made for the purpose of making payment to...
• Sec. 45.14.105 Other Definitions.
  (a) In this chapter,(1) "authorized account" means a deposit account of a customer in a bank designated by the customer as a source of...
• Sec. 45.14.106 Time Payment Order is Received.
  (a) The time of receipt of a payment order or communication canceling or amending a payment order is determined by the rules applicable to...
• Sec. 45.14.107 Federal Reserve Regulations and Operating Circulars.
  Regulations of the Board of Governors of the Federal Reserve System and operating circulars of the federal reserve banks supersede an inconsistent provision of...
• Sec. 45.14.108 Relationship to Federal Law.
  (a) Except as provided in (b) of this section, this chapter does not apply to a funds transfer if a part of the funds...

Last modified: November 15, 2016