New York § 4-A-401 Payment Date

New York Statutes

§ 4-A-401 — Payment Date

New York § 4-A-401

Law UCCUniform Commercial Code

Part 4Payment

Art. 4-AFunds Transfers

This text of New York § 4-A-401 (Payment Date) is published on Counsel Stack Legal Research, covering New York primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

N.Y. Uniform Commercial Code § 4-A-401 (2026).

Text

Section 4-A-401. Payment Date.\n  "Payment date" of a payment order means the day on which the amount of\nthe order is payable to the beneficiary by the beneficiary's bank. The\npayment date may be determined by instruction of the sender but cannot\nbe earlier than the day the order is received by the beneficiary's bank\nand, unless otherwise determined, is the day the order is received by\nthe beneficiary's bank.\n

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Section 4-A-401. Payment Date.\n "Payment date" of a payment order means the day on which the amount of\nthe order is payable to the beneficiary by the beneficiary's bank. The\npayment date may be determined by instruction of the sender but cannot\nbe earlier than the day the order is received by the beneficiary's bank\nand, unless otherwise determined, is the day the order is received by\nthe beneficiary's bank.\n