Code of Virginia - Title 8.4A Commercial Code - Funds Transfers - Part 5 Miscellaneous Provisions
- 8.4A-501 Variation by agreement and effect of funds-transfer system rule
(a) Except as otherwise provided in this title, the rights and obligations of a party to funds transfer may be varied by agreement of the ...
- 8.4A-502 Creditor process served on receiving bank; setoff by beneficiary's bank
(a) As used in this section, "creditor process" means levy, attachment, garnishment, notice of lien, sequestration, or similar process issued by or on behalf of ...
- 8.4A-503 Injunction or restraining order with respect to funds transfer
For proper cause and in compliance with applicable law, a court may restrain (i) a person from issuing a payment order to initiate a funds ...
- 8.4A-504 Order in which items and payment orders may be charged to account; order of withdrawals from accoun...
(a) If a receiving bank has received more than one payment order of the sender or one or more payment orders and other items that ...
- 8.4A-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 ...
- 8.4A-506 Rate of interest
(a) If, under this title, a receiving bank is obliged to pay interest with respect to a payment order issued to the bank, the amount ...
- 8.4A-507 Choice of law
(a) The following rules apply unless the affected parties otherwise agree or subsection (c) of this section applies: (1) The rights and obligations between the ...
Last modified: April 3, 2009