Wisconsin Statutes
§ 410.201 — Security procedure.
Wisconsin § 410.201
JurisdictionWisconsin
Ch. 410Uniform commercial code — funds transfers
Subch.subch. II of ch. 410 SUBCHAPTER II
ISSUE AND ACCEPTANCE OF PAYMENT ORDER
This text of Wisconsin § 410.201 (Security procedure.) is published on Counsel Stack Legal Research, covering Wisconsin primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Wis. Stat. § 410.201 (2026).
Text
410.201 “Security procedure” means a procedure established by agreement of a customer and a receiving bank to verify that a payment order or communication amending or canceling a payment order is that of the customer or to detect error in the transmission or the content of the payment order or communication. A security procedure may require the use of algorithms or other codes, identifying words or numbers, encryption, callback procedures, or similar security devices. Comparison of a signature on a payment order or communication with an authorized specimen signature of the customer is not by itself a security procedure.
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Legislative History
410.201 History History: 1991 a. 304 .
Nearby Sections
15
§ 410.101
Short title.§ 410.102
Subject matter.§ 410.103
Payment order; definitions.§ 410.104
Funds transfer; definitions.§ 410.105
Other definitions.§ 410.106
Time payment order is received.§ 410.201
Security procedure.§ 410.204
Refund of payment and duty of customer to report with respect to unauthorized payment order.§ 410.205
Erroneous payment orders.§ 410.207
Misdescription of beneficiary.Cite This Page — Counsel Stack
Bluebook (online)
Wisconsin § 410.201, Counsel Stack Legal Research, https://law.counselstack.com/statute/wi/410.201.