§ 10:4A-401 Payment date
§ 10:4A-402 Obligation of sender to pay receiving bank
§ 10:4A-403 Payment by sender to receiving bank
§ 10:4A-404 Obligation of beneficiary’s bank to pay and give notice to beneficiary
§ 10:4A-405 Payment by beneficiary’s bank to beneficiary
§ 10:4A-406 Payment by originator to beneficiary; discharge of underlying obligation
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Terms Used In Louisiana Revised Statutes > Title 10 > Chapter 4-A > Part 4 - Payment

  • En banc: In the bench or "full bench." Refers to court sessions with the entire membership of a court participating rather than the usual quorum. U.S. courts of appeals usually sit in panels of three judges, but may expand to a larger number in certain cases. They are then said to be sitting en banc.
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • Precedent: A court decision in an earlier case with facts and law similar to a dispute currently before a court. Precedent will ordinarily govern the decision of a later similar case, unless a party can show that it was wrongly decided or that it differed in some significant way.
  • Subpoena: A command to a witness to appear and give testimony.
  • Summons: Another word for subpoena used by the criminal justice system.
  • Testify: Answer questions in court.
  • Testimony: Evidence presented orally by witnesses during trials or before grand juries.