North Dakota § 41-04.1-35 (4A-504) Order in which items and payment orders may be charged to account - Order withdrawal from account

North Dakota Statutes

§ 41-04.1-35 — (4A-504) Order in which items and payment orders may be charged to account - Order withdrawal from account

North Dakota § 41-04.1-35

Title 41Uniform Commercial Code

Ch. 41-04.1Funds Transfers

This text of North Dakota § 41-04.1-35 ((4A-504) Order in which items and payment orders may be charged to account - Order withdrawal from account) 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 § 41-04.1-35 (2026).

Text

account - Order withdrawal from account.

1.If a receiving bank has received more than one payment order of the sender or one or more payment orders and other items that are payable from the sender's account, the bank may charge the sender's account with respect to the various orders and items in any sequence.

2.In determining whether a credit to an account has been withdrawn by the holder of the account or applied to a debt of the holder of the account, credits first made to the account are first withdrawn or applied.

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account - Order withdrawal from account.
1. If a receiving bank has received more than one payment order of the sender or one or
more payment orders and other items that are payable from the sender's account, the
bank may charge the sender's account with respect to the various orders and items in
any sequence.
2. In determining whether a credit to an account has been withdrawn by the holder of the
account or applied to a debt of the holder of the account, credits first made to the
account are first withdrawn or applied.