Ohio § 1304.82 Order in which items and payment orders may be charged to account - order of withdrawals from account - UCC 4A-504

Ohio Statutes

§ 1304.82 — Order in which items and payment orders may be charged to account - order of withdrawals from account - UCC 4A-504

Ohio § 1304.82

Title 13Commercial Transactions

Ch. 1304Bank Deposits And Collections

This text of Ohio § 1304.82 (Order in which items and payment orders may be charged to account - order of withdrawals from account - UCC 4A-504) is published on Counsel Stack Legal Research, covering Ohio primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ohio Rev. Code Ann. § 1304.82 (2026).

Text

(A)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.

(B)In determining whether a credit to an account has been withdrawn by the holder of the account or applied to a debt of the holder of the account, credits first made to the account are first withdrawn or applied. Last updated February 15, 2022 at 1:59 PM

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(A) 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.

(B) In determining whether a credit to an account has been withdrawn by the holder of the account or applied to a debt of the holder of the account, credits first made to the account are first withdrawn or applied.

Last updated February 15, 2022 at 1:59 PM