CHAPTER 5. Miscellaneous Provisions [11501. - 11507.]
Chapter 5 added by Stats. 1990, Ch. 125, Sec. 2.
§§ 11501–11507 · 7 sections
- § 11501 (a) Except as otherwise provided in this division, the rights and obligations of a party to a funds transfer may be varied by agreement of the affected party.…
- § 11502 (a) As used in this section, “creditor process” means levy, attachment, garnishment, notice of lien, sequestration, or similar process issued by or on behalf…
- § 11503 For proper cause and in compliance with applicable law, a court may restrain (i) a person from issuing a payment order to initiate a funds transfer, (ii) an…
- § 11504 (a) If a receiving bank has received more than one payment order of the sender or one or more payment orders and other items that are payable from the sender’s…
- § 11505 If a receiving bank has received payment from its customer with respect to a payment order issued in the name of the customer as sender and accepted by the…
- § 11506 (a) If, under this division, a receiving bank is obliged to pay interest with respect to a payment order issued to the bank, the amount payable may be…
- § 11507 (a) The following rules apply unless the affected parties otherwise agree or subdivision (c) applies: (1) The rights and obligations between the sender of a…