There is a newer version of the New Hampshire Revised Statutes
2010 New Hampshire Statutes
TITLE XXXIV-A UNIFORM COMMERCIAL CODE
CHAPTER 382-A UNIFORM COMMERCIAL CODE
Section 382-A:4A-201 Security Procedure.
NH Rev Stat § 382-A:4A-201 (1996 through Reg Sess) What's This?
382-A:4A-201 Security Procedure. – "Security procedure'' means a procedure established by agreement of a customer and a receiving bank for the purpose of (i) verifying that a payment order or communication amending or cancelling a payment order is that of the customer, or (ii) detecting error in the transmission or the content of the payment order or communication. A security procedure may require the use of algorithms or other codes, identifying words or numbers, encryption, callback procedures, or similar security devices. Comparison of a signature on a payment order or communication with an authorized specimen signature of the customer is not by itself a security procedure.
Source. 1993, 346:7, eff. Jan. 1, 1994.
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