There is a newer version of the Code of Virginia
2014 Virginia Code
Title 8.4A - Commercial Code-Funds Transfers
Part 1. SUBJECT MATTER AND DEFINITIONS- § 8.4A-101. Short title
- § 8.4A-102. Subject matter
- § 8.4A-103. Definitions: "Payment order"; "Beneficiary"; "Beneficiary's bank"; "Receiving bank"; "Sender."
- § 8.4A-104. Definitions: "Funds transfer"; "Intermediary bank"; "Originator"; "Originator's bank."
- § 8.4A-105. Other definitions
- § 8.4A-106. Time payment order is received
- § 8.4A-107. Federal Reserve regulations and operating circulars
- § 8.4A-108. Relationship to Electronic Fund Transfer Act
- § 8.4A-201. Security procedure
- § 8.4A-202. Authorized and verified payment orders
- § 8.4A-203. Unenforceability of certain verified payment orders
- § 8.4A-204. Refund of payment and duty of customer to report with respect to unauthorized payment order
- § 8.4A-205. Erroneous payment orders
- § 8.4A-206. Transmission of payment order through funds-transfer or other communication system
- § 8.4A-207. Misdescription of beneficiary
- § 8.4A-208. Misdescription of intermediary bank or beneficiary's bank
- § 8.4A-209. Acceptance of payment order
- § 8.4A-210. Rejection of payment order
- § 8.4A-211. Cancellation and amendment of payment order
- § 8.4A-212. Liability and duty of receiving bank regarding unaccepted payment order
- § 8.4A-301. Execution and execution date
- § 8.4A-302. Obligations of receiving bank in execution of payment order
- § 8.4A-303. Erroneous execution of payment order
- § 8.4A-304. Duty of sender to report erroneously executed payment order
- § 8.4A-305. Liability for late or improper execution or failure to execute payment order
- § 8.4A-401. Payment date
- § 8.4A-402. Obligation of sender to pay receiving bank
- § 8.4A-403. Payment by sender to receiving bank
- § 8.4A-404. Obligation of beneficiary's bank to pay and give notice to beneficiary
- § 8.4A-405. Payment by beneficiary's bank to beneficiary
- § 8.4A-406. Payment by originator to beneficiary; discharge of underlying obligation
- § 8.4A-501. Variation by agreement and effect of funds-transfer system rule
- § 8.4A-502. Creditor process served on receiving bank; setoff by beneficiary's bank
- § 8.4A-503. Injunction or restraining order with respect to funds transfer
- § 8.4A-504. Order in which items and payment orders may be charged to account; order of withdrawals from account
- § 8.4A-505. Preclusion of objection to debit of customer's account
- § 8.4A-506. Rate of interest
- § 8.4A-507. Choice of law
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