Execution of Sender's Payment Order by Receiving Bank

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This is Part 3 of the Code of Virginia, titled “Execution of Sender's Payment Order by Receiving Bank.” It is part of Title 8.4A “Commercial Code — Funds Transfers”.

It’s comprised of the following 5 sections.

§ 8.4A-301 Execution and execution date
§ 8.4A-302 Obligations of receiving bank in execution of payment order
§ 8.4A-303 Erroneous execution of payment order
§ 8.4A-304 Duty of sender to report erroneously executed payment order
§ 8.4A-305 Liability for late or improper execution or failure to execute payment order