§ 11401 “Payment date” of a payment order means the day on which the amount …
§ 11402 (a) This section is subject to Sections 11205 and …
§ 11403 (a) Payment of the sender’s obligation under Section 11402 to …
§ 11404 (a) Subject to subdivision (e) of Section 11211, and …
§ 11405 (a) If the beneficiary’s bank credits an account of the …
§ 11406 (a) Subject to subdivision (e) of Section 11211 and subdivisions …
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Terms Used In California Codes > Commercial Code > Division 11 > Chapter 4 - Payment

  • agreement: means the total legal obligation that results from the parties' agreement as determined by this code and as supplemented by any other applicable laws. See California Commercial Code 1201
  • Bank: means a person engaged in the business of banking, and includes a savings bank, savings and loan association, credit union, and trust company. See California Commercial Code 1201
  • contract: means the bargain of the parties in fact, as found in their language or inferred from other circumstances, including course of performance, course of dealing, or usage of trade as provided in Section 1303. See California Commercial Code 1201
  • Department: means the Department of Food and Agriculture. See California Food and Agricultural Code 32
  • Money: means a medium of exchange that is currently authorized or adopted by a domestic or foreign government. See California Commercial Code 1201
  • Person: means an individual, corporation, business trust, estate, trust, partnership, limited liability company, association, joint venture, government, governmental subdivision, agency, or instrumentality, or any other legal or commercial entity. See California Commercial Code 1201
  • Right: includes remedy. See California Commercial Code 1201