Louisiana § 10:4A-401

Louisiana Statutes

§ 10:4A-401

Title 10Commercial Laws

This text of Louisiana § 10:4A-401 is published on Counsel Stack Legal Research, covering Louisiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

La. Stat. Ann. § 10:4A-401 (2026).

Text

§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.
Added by Acts 1990, No. 1079, §4, eff. Sept. 1, 1990.

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§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.
Added by Acts 1990, No. 1079, §4, eff. Sept. 1, 1990.