Okla. Stat. tit. 12A § 4A-401

Current through Laws 2024, c. 453.
Section 4A-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.

Okla. Stat. tit. 12A, § 4A-401

Added by Laws 1990, SB 641, c. 110, § 26, eff. 7/1/1991.

Oklahoma Code Comment

None.