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Can you summarize 75 MSCO Chapter 4A?
Regulation of Trade, Commerce and Investments > Uniform Commercial CodeFunds Transfers
Short Summary
This legal document, part of the Mississippi Code 1972, falls under the Uniform Commercial CodeFunds Transfers. It governs the electronic transfer of money from one account to another through electronic means. The document provides definitions for various terms related to funds transfers and establishes rules and regulations for the execution and completion of such transfers. It applies to funds transfers defined in Section 75-4A-104, unless otherwise provided in Section 75-4A-108. The document does not mention any specific exemptions or penalties. It serves as a reference for understanding the definitions and concepts related to payment orders in funds transfers.
Whom does it apply to?
The document applies to funds transfers defined in Section 75-4A-104, unless otherwise provided in Section 75-4A-108. It applies to receiving banks involved in funds transfers.
What does it govern?
The legal document falls under the Uniform Commercial CodeFunds Transfers and governs the electronic transfer of money from one account to another through electronic means.
What are exemptions?
No specific exemptions are mentioned in this document.
What are the Penalties?
No specific penalties are mentioned in this document.
Jurisdiction
Mississippi