Colorado Statutes
§ 4-4.5-104 — Funds transfer - definitions
Colorado § 4-4.5-104
This text of Colorado § 4-4.5-104 (Funds transfer - definitions) is published on Counsel Stack Legal Research, covering Colorado primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Colo. Rev. Stat. § 4-4.5-104 (2026).
Text
In this article:
(a)Funds transfer means the series of transactions, beginning with the
originator's payment order, made for the purpose of making payment to the
beneficiary of the order. The term includes any payment order issued by the
originator's bank or an intermediary bank intended to carry out the originator's
payment order. A funds transfer is completed by acceptance by the beneficiary's
bank of a payment order for the benefit of the beneficiary of the originator's
payment order.
(b)Intermediary bank means a receiving bank other than the originator's
bank or the beneficiary's bank.
(c)Originator means the sender of the first payment order in a funds
transfer.
(d)Originator's bank means (i) the receiving bank to which the payment
order of the originator is issued if
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Legislative History
Source: L. 90: Entire article added, p. 343, � 1, effective January 1, 1991.
Nearby Sections
15
§ 4-1-101
Short titles§ 4-1-102
Scope of article§ 4-1-104
Construction against implied repeal§ 4-1-105
Severability§ 4-1-106
Use of singular and plural - gender§ 4-1-107
Captions§ 4-1-201
General definitions§ 4-1-202
Notice - knowledge§ 4-1-204
Value§ 4-1-205
Reasonable time - seasonableness§ 4-1-302
Variation by agreement§ 4-1-304
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Bluebook (online)
Colorado § 4-4.5-104, Counsel Stack Legal Research, https://law.counselstack.com/statute/co/04/4-4.5-104.