Montana Code > Title 30 > Chapter 4A > Part 3 – Execution of Sender’s Payment Order by Receiving Bank


§ 30-4A-301	Execution and execution date
§ 30-4A-302	Obligations of receiving bank in execution of payment order
§ 30-4A-303	Erroneous execution of payment order
§ 30-4A-304	Duty of sender to report erroneously executed payment order
§ 30-4A-305	Liability for late or improper execution or failure to execute payment order

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Terms Used In Montana Code > Title 30 > Chapter 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}
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.