North Dakota Statutes
§ 41-04.1-14 — (4A-206) Transmission of payment order through funds-transfer or other communication system
North Dakota § 41-04.1-14
This text of North Dakota § 41-04.1-14 ((4A-206) Transmission of payment order through funds-transfer or other communication system) is published on Counsel Stack Legal Research, covering North Dakota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
N.D. Cent. Code § 41-04.1-14 (2026).
Text
communication system.
1.If a payment order addressed to a receiving bank is transmitted to a funds-transfer
system or other third-party communication system for transmittal to the bank, the
system is deemed to be an agent of the sender for the purpose of transmitting the
payment order to the bank. If there is a discrepancy between the terms of the payment
order transmitted to the system and the terms of the payment order transmitted by the
system to the bank, the terms of the payment order of the sender are those
transmitted by the system. This section does not apply to a funds-transfer system of
the federal reserve banks.
2.This section applies to cancellations and amendments of payment orders to the same
extent it applies to payment orders.
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Nearby Sections
15
§ 41-01-01
(1-101) Short titles§ 41-01-02
(1-102) Scope of chapter§ 41-01-05
(1-105) Severability§ 41-01-07
(1-107) Section captions§ 41-01-09
(1-201) General definitions§ 41-01-10
(1-202) Notice - Knowledge§ 41-01-12
(1-204) Value§ 41-01-13
(1-205) Reasonable time - Seasonableness§ 41-01-14
(1-206) PresumptionsCite This Page — Counsel Stack
Bluebook (online)
North Dakota § 41-04.1-14, Counsel Stack Legal Research, https://law.counselstack.com/statute/nd/41-04.1-14.