There is a newer version of the Maryland Code
2010 Maryland Code
COMMERCIAL LAW
TITLE 4A - FUNDS TRANSFERS
Subtitle 4 - Payment
- Section 401 - Payment date.
- Section 402 - Obligation of sender to pay receiving bank.
- Section 403 - Payment by sender to receiving bank.
- Section 404 - Obligation of beneficiary's bank to pay and give notice to beneficiary.
- Section 405 - Payment by beneficiary's bank to beneficiary.
- Section 406 - Payment by originator to beneficiary; discharge of underlying obligation.
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