§490:4A-401 Payment date. "Payment date" of a payment order means the day on which the amount of the order is payable to the beneficiary by the beneficiary's bank. The payment date may be determined by instruction of the sender but cannot be earlier than the day the order is received by the beneficiary's bank and, unless otherwise determined, is the day the order is received by the beneficiary's bank. [L 1991, c 41, pt of §1]
Section: Previous 490-4a-211 490-4a-212 490-4a-301 490-4a-302 490-4a-303 490-4a-304 490-4a-305 490-4a-401 490-4a-402 490-4a-403 490-4a-404 490-4a-405 490-4a-406 490-4a-501 490-4a-502 NextLast modified: October 27, 2016