Ask Reggi Your Question Now

Reggi is the free generative AI assistance for regulatory compliance
Ask a Question

Can you summarize NHRS 382-A:4A-401?

UNIFORM COMMERCIAL CODE > Payment Date.

Short Summary

‘Payment date’ of a payment order means the day on which the amount of the order is payable to the beneficiary by the beneficiary’s bank. The payment date may be determined by instruction of the sender but cannot be earlier than the day the order is received by the beneficiary’s bank and, unless otherwise determined, is the day the order is received by the beneficiary’s bank. Source. 1993, 346:7, eff. Jan. 1, 1994.

Jurisdiction

New Hampshire

Source
NHRS 382-A:4A-401 [https://reggi.cloud.regology.com/regulations/US-NHRS/US-NHRS_T_XXXIV-A_C_382-A_S_4A-401]