Iowa Statutes
§ 554.12201 — Security procedure
Iowa § 554.12201
This text of Iowa § 554.12201 (Security procedure) is published on Counsel Stack Legal Research, covering Iowa primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Iowa Code § 554.12201 (2026).
Text
“Security procedure” means a procedure established by agreement between a customer
and a receiving bank for the purpose of verifying that a payment order or communication
amending or canceling a payment order is that of the customer, or detecting error in the
transmission or the content of the payment order or communication. A security procedure
may impose an obligation on the receiving bank or the customer and may require the use
of algorithms or other codes, identifying words, numbers, symbols, sounds, biometrics,
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
or requiring a payment order to be sent from a known electronic mail address, internet
protocol addr
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Nearby Sections
15
§ 554.10101
Effective date§ 554.10103
General repealer§ 554.10104
Laws not repealed§ 554.1101
Short titles§ 554.1102
Scope of Article§ 554.1104
Construction against implied repeal§ 554.1105
Severability§ 554.1106
Use of singular and plural — gender§ 554.1107
Section captions§ 554.1110
Rules for filing and indexing§ 554.11101
Effective date§ 554.11102
Preservation of old transition provisionCite This Page — Counsel Stack
Bluebook (online)
Iowa § 554.12201, Counsel Stack Legal Research, https://law.counselstack.com/statute/ia/554.12201.