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2022 Arizona Revised Statutes
Title 47 - Uniform Commercial Code
§ 47-4A401 - Payment date
Universal Citation:
AZ Rev Stat § 47-4A401 (2022)
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47-4A401. 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.
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