Montana Statutes
§ 30-4A-401 — Payment Date
30-4A-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.
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Montana § 30-4A-401 (Payment Date) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
En. Sec. 214, Ch. 410, L. 1991.
Nearby Sections
15
§ 30-4A-101
Short Title§ 30-4A-102
Subject Matter§ 30-4A-103
Payment Order -- Definitions§ 30-4A-104
Funds Transfer -- Definitions§ 30-4A-105
Other Definitions§ 30-4A-106
Time Payment Order Is Received§ 30-4A-108
Relationship To Electronic Fund Transfer Act§ 30-4A-201
Security Procedure§ 30-4A-202
Authorized And Verified Payment Orders§ 30-4A-204
Refund Of Payment And Duty Of Customer To Report With Respect To Unauthorized Payment Order§ 30-4A-205
Erroneous Payment Orders§ 30-4A-207
Misdescription Of Beneficiary