2002 Florida Code
TITLE XXXIX COMMERCIAL RELATIONS
Chapter 670 UNIFORM COMMERCIAL CODE: FUNDS TRANSFERS
PART IV PAYMENT (ss. 670.401-670.406)
670.401 Payment date.
670.401 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.
History.--s. 1, ch. 91-70.
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