"Payment" defined
Sec. 8. As used in this chapter, "payment" of sums on deposit
includes the following:
(1) Withdrawal.
(2) Payment on check or other directive of a party.
(3) Any pledge of sums on deposit by a party.
(4) Any set-off, reduction, or other disposition of all or part of
any account pursuant to a pledge.
As added by P.L.2-2002, SEC.2.
Last modified: May 24, 2006