Colorado Statutes

§ 4-4.5-104 — Funds transfer - definitions

Colorado § 4-4.5-104
JurisdictionColorado
Title 04Uniform
Art.Funds Transfers

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.

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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.