§ 810 ILCS 5/4A-301 Execution and execution date
§ 810 ILCS 5/4A-302 Obligations of receiving bank in execution of payment order
§ 810 ILCS 5/4A-303 Erroneous execution of payment order
§ 810 ILCS 5/4A-304 Duty of sender to report erroneously executed payment order
§ 810 ILCS 5/4A-305 Liability for late or improper execution or failure to execute payment order
lawyer at desk

Ask a business law question, get an answer ASAP!
Thousands of highly rated, verified business lawyers.
Click here to chat with a lawyer about your rights.

Terms Used In Illinois Compiled Statutes > 810 ILCS 5 > Article 4A > Part 3 - Execution Of Sender's Payment Order By Receiving Bank

  • Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
  • Complaint: A written statement by the plaintiff stating the wrongs allegedly committed by the defendant.
  • Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
  • Restitution: The court-ordered payment of money by the defendant to the victim for damages caused by the criminal action.
  • Transcript: A written, word-for-word record of what was said, either in a proceeding such as a trial or during some other conversation, as in a transcript of a hearing or oral deposition.