Florida Statutes Part V - Miscellaneous Provisions (Ss. 670.501-670.507)

• 670.501 - Variation By Agreement And Effect Of Funds-transfer System Rule.
  (1) Except as otherwise provided in this chapter, the rights and obligations of a party to a funds transfer may be varied by agreement of the...
• 670.502 - Creditor Process Served On Receiving Bank; Set-off By Beneficiary’s Bank.
  (1) As used in this section, the term “creditor process” means levy, attachment, garnishment, notice of lien, sequestration, or similar process issued by or on behalf...
• 670.503 - Injunction Or Restraining Order With Respect To Funds Transfer.
  For proper cause and in compliance with applicable law, a court may restrain:(1) A person from issuing a payment order to initiate a funds transfer;(2) An originator’s...
• 670.504 - Order In Which Items And Payment Orders May Be Charged To Account; Order Of Withdrawals From Account.
  (1) If a receiving bank has received more than one payment order of the sender or one or more payment orders and other items that are...
• 670.505 - Preclusion Of Objection To Debit Of Customer’s Account.
  If a receiving bank has received payment from its customer with respect to a payment order issued in the name of the customer as sender...
• 670.506 - Rate Of Interest.
  (1) If, under this chapter, a receiving bank is obliged to pay interest with respect to a payment order issued to the bank, the amount payable...
• 670.507 - Choice Of Law.
  (1) The following rules apply unless the affected parties otherwise agree or subsection (3) applies:(a) The rights and obligations between the sender of a payment order and...

Last modified: September 23, 2016