2019 Montana Code Annotated
Title 30. Trade and Commerce
Chapter 4A. Uniform Commercial Code Funds Transfers
Part 1. Subject Matter and Definitions
30-4A-108. Relationship to Electronic Fund Transfer Act

Universal Citation: MT Code § 30-4A-108 (2019)

30-4A-108. Relationship to Electronic Fund Transfer Act. (1) Except as provided in subsection (2), this chapter does not apply to a funds transfer any part of which is governed by the Electronic Fund Transfer Act of 1978, Title XX, Public Law 95-630, 92 Stat. 3728, 15 U.S.C. 1693, et seq.

(2) This chapter applies to a funds transfer that is a remittance transfer as defined in the Electronic Fund Transfer Act, 15 U.S.C. 1693o-1, unless the remittance transfer is an electronic fund transfer as defined in the Electronic Fund Transfer Act, 15 U.S.C. 1693a.

(3) In a funds transfer to which this chapter applies, in the event of an inconsistency between an applicable provision of this chapter and an applicable provision of the Electronic Fund Transfer Act, the provision of the Electronic Fund Transfer Act governs to the extent of the inconsistency.

History: En. Sec. 196, Ch. 410, L. 1991; amd. Sec. 1, Ch. 71, L. 2013.

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