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2008 Minnesota Statutes Index (topics)

FUNDS TRANSFERS

Acceptance

Defined, Minn. Statutes 2008 336.4A-209

Reservation of rights, Minn. Statutes 2008 336.1-308

Attorney fees

Beneficiary's bank, failure to give notice, Minn. Statutes 2008 336.4A-404

Payment orders, Minn. Statutes 2008 336.4A-211, 2008 336.4A-305

Authorized account, defined, Minn. Statutes 2008 336.4A-105

Bank accounts, order of charging

Creditor process, Minn. Statutes 2008 336.4A-502

Payment orders and withdrawals, Minn. Statutes 2008 336.4A-504

Banks, Minn. Statutes 2008 336.4A-105

Beneficiaries

Choice of law, Minn. Statutes 2008 336.4A-507

Defined, Minn. Statutes 2008 336.4A-103

Liability, Minn. Statutes 2008 336.4A-205, 2008 336.4A-207, 2008 336.4A-209, 2008 336.4A-211, 2008 336.4A-303

Misdescription, Minn. Statutes 2008 336.4A-207

Notice received, payment orders, Minn. Statutes 2008 336.4A-404, 2008 336.4A-405

Payments to, Minn. Statutes 2008 336.4A-404 to 2008 336.4A-406

Beneficiary's bank

Choice of law, Minn. Statutes 2008 336.4A-507

Creditor process, Minn. Statutes 2008 336.4A-502

Defined, Minn. Statutes 2008 336.4A-103

Liability, payment orders, nonpayment, Minn. Statutes 2008 336.4A-404

Misdescriptions, Minn. Statutes 2008 336.4A-207, 2008 336.4A-208

Payment orders

Duties, Minn. Statutes 2008 336.4A-209, 2008 336.4A-211

Notice given, Minn. Statutes 2008 336.4A-404, 2008 336.4A-405

Payments by, Minn. Statutes 2008 336.4A-404, 2008 336.4A-405

Payments to, senders, duties, Minn. Statutes 2008 336.4A-402

Refunds, rights, Minn. Statutes 2008 336.4A-405

Restitution, recovery, Minn. Statutes 2008 336.4A-207, 2008 336.4A-211

Restraining orders, Minn. Statutes 2008 336.4A-503

Business day, cut-off times, fixing, Minn. Statutes 2008 336.4A-106

Commercial Code - Funds transfers

Generally, Minn. Statutes 2008 336.4A-101 to 2008 336.4A-507

Commercially reasonable practices

Security procedures, methods, Minn. Statutes 2008 336.4A-202

Unauthorized payment orders, reasonable time, Minn. Statutes 2008 336.4A-204

Conflict of laws

Choice of law, Minn. Statutes 2008 336.4A-507

Federal Reserve regulations, preemption, Minn. Statutes 2008 336.4A-107

Funds-transfer system rules to prevail, Minn. Statutes 2008 336.4A-501

Prevailing law, generally, Minn. Statutes 2008 336.1-301

Contracts and agreements

Beneficiaries' rights, variation by agreement, Minn. Statutes 2008 336.4A-404, 2008 336.4A-406

Choice of law, Minn. Statutes 2008 336.4A-507

Damages for breach, Minn. Statutes 2008 336.4A-305

Interest rates, calculation, Minn. Statutes 2008 336.4A-506

Parties' rights and obligations, variation by agreement, Minn. Statutes 2008 336.4A-501

Payment orders

Cancellation or amendment, Minn. Statutes 2008 336.4A-211

Incomplete funds transfers, Minn. Statutes 2008 336.4A-405

Obligations, variations, Minn. Statutes 2008 336.4A-202

Rejection, Minn. Statutes 2008 336.4A-210

Right to enforce or retain payment, limitation, Minn. Statutes 2008 336.4A-203

Senders, excused obligations or refunds, Minn. Statutes 2008 336.4A-402

Unauthorized payment orders, reasonable time, Minn. Statutes 2008 336.4A-204

Receiving banks, liability for execution violations, Minn. Statutes 2008 336.4A-305

Refunds, variation by agreement, Minn. Statutes 2008 336.4A-204

Security procedures, Minn. Statutes 2008 336.4A-201

Creditor process, Minn. Statutes 2008 336.4A-502

Customers

Defined, Minn. Statutes 2008 336.4A-105

Payment orders, duties, Minn. Statutes 2008 336.4A-203, 2008 336.4A-204, 2008 336.4A-505

Security procedures, generally, Minn. Statutes 2008 336.4A-201, 2008 336.4A-202

Damages

Consequential damages, Minn. Statutes 2008 336.4A-305, 2008 336.4A-404

Incidental damages, Minn. Statutes 2008 336.4A-305

Payment orders, Minn. Statutes 2008 336.4A-305, 2008 336.4A-404

Death of sender, payment orders, effect, Minn. Statutes 2008 336.4A-211

Definitions, Commercial Code, Minn. Statutes 2008 336.4A-105, 2008 336.4A-502

Electronic Funds Transfer Act, exclusion, Minn. Statutes 2008 336.4A-108

Electronic funds transfers, see Electronic payments under ELECTRONIC TRANSACTIONS

Evidence, misdescriptions, proof of notice, Minn. Statutes 2008 336.4A-207, 2008 336.4A-208

Executed, defined, Minn. Statutes 2008 336.4A-301

Execution date, defined, Minn. Statutes 2008 336.4A-301

Expenses, payment orders

Cancellation or amendment, Minn. Statutes 2008 336.4A-211

Execution, Minn. Statutes 2008 336.4A-302

Late or improper execution, or failure to execute, Minn. Statutes 2008 336.4A-305

Federal Reserve banks

Payment of sender's obligation through, Minn. Statutes 2008 336.4A-403

Payment orders, transmission by the system, exemption, Minn. Statutes 2008 336.4A-206

Federal Reserve regulations

Conflict of laws, preemption, Minn. Statutes 2008 336.4A-107

Funds-transfer system rules

Beneficiaries, right to payment and damages, Minn. Statutes 2008 336.4A-404

Choice of law, Minn. Statutes 2008 336.4A-507

Conflict of laws, rules to prevail, Minn. Statutes 2008 336.4A-501

Generally, Minn. Statutes 2008 336.4A-501

Interest rates, Minn. Statutes 2008 336.4A-506

Payment orders, cancellation or amendment, Minn. Statutes 2008 336.4A-211

Provisional payments, Minn. Statutes 2008 336.4A-405

Senders, payments to receiving banks, Minn. Statutes 2008 336.4A-403

Funds-transfer system

Defined, Minn. Statutes 2008 336.4A-105

Payment orders, transmission through

Agency created, Minn. Statutes 2008 336.4A-206

Choice of law, Minn. Statutes 2008 336.4A-507

Methods, Minn. Statutes 2008 336.4A-103

Provisional payments, Minn. Statutes 2008 336.4A-405

Receiving banks, Minn. Statutes 2008 336.4A-302, 2008 336.4A-403

Generally, Minn. Statutes 2008 336.4A-102

Good faith, payment orders, Minn. Statutes 2008 336.4A-202, 2008 336.4A-302

Identifying numbers

Beneficiaries, misdescriptions, Minn. Statutes 2008 336.4A-207

Intermediary or beneficiary's bank, misdescriptions, Minn. Statutes 2008 336.4A-208

Incapacity of sender, payment orders, effect, Minn. Statutes 2008 336.4A-211

Injunctions, Minn. Statutes 2008 336.4A-503

Instructions, payment orders

Acceptance, customer's restrictions, Minn. Statutes 2008 336.4A-202

Multiple payments, separate orders, Minn. Statutes 2008 336.4A-103

Sender's instructions, Minn. Statutes 2008 336.4A-301, 2008 336.4A-302, 2008 336.4A-401

Interest

Beneficiary's bank, failure to give notice, Minn. Statutes 2008 336.4A-404

Payment orders, Minn. Statutes 2008 336.4A-209, 2008 336.4A-210, 2008 336.4A-305, 2008 336.4A-506

Refunds, Minn. Statutes 2008 336.4A-204, 2008 336.4A-402

Intermediary banks

Defined, Minn. Statutes 2008 336.4A-104

Misdescription, generally, Minn. Statutes 2008 336.4A-208

Payment orders, execution, Minn. Statutes 2008 336.4A-302

Payments to, senders, duties, Minn. Statutes 2008 336.4A-402

Refunds, Minn. Statutes 2008 336.4A-402

Liability

Misdescriptions, Minn. Statutes 2008 336.4A-207, 2008 336.4A-208

Payment orders

Erroneous execution, Minn. Statutes 2008 336.4A-303

Erroneous payment orders, Minn. Statutes 2008 336.4A-205

Failure to execute, Minn. Statutes 2008 336.4A-305

Improper payments, restitution, Minn. Statutes 2008 336.4A-207, 2008 336.4A-209, 2008 336.4A-211, 2008 336.4A-303

Late or improper execution, Minn. Statutes 2008 336.4A-305

Nonpayment, Minn. Statutes 2008 336.4A-404

Unaccepted payment orders, Minn. Statutes 2008 336.4A-212

Mail and mailing, payment orders

Execution by receiving banks, Minn. Statutes 2008 336.4A-302

Notice by beneficiary's bank, Minn. Statutes 2008 336.4A-404

Money transmitters, Minn. Statutes 2008 53B.01 to 2008 53B.26

Negotiable instruments, exemption, Minn. Statutes 2008 336.3-102

Originator's bank

Defined, Minn. Statutes 2008 336.4A-104

Payment orders, duties, Minn. Statutes 2008 336.4A-209, 2008 336.4A-302

Restitution, right of recovery, Minn. Statutes 2008 336.4A-209

Restraining orders, Minn. Statutes 2008 336.4A-503

Originators

Choice of law, Minn. Statutes 2008 336.4A-507

Defined, Minn. Statutes 2008 336.4A-104

Liability, misdescription of beneficiary, Minn. Statutes 2008 336.4A-207

Notice received, payment orders, Minn. Statutes 2008 336.4A-405

Payments by, Minn. Statutes 2008 336.4A-406

Parties to transfers, rights and obligations

Variation by agreement, Minn. Statutes 2008 336.4A-501

Payment orders

Acceptance, Minn. Statutes 2008 336.4A-209 to 2008 336.4A-211

Amendments, Minn. Statutes 2008 336.4A-106, 2008 336.4A-211

Attorney fees, Minn. Statutes 2008 336.4A-211, 2008 336.4A-305

Authorization, Minn. Statutes 2008 336.4A-202

Beneficiary's bank, Minn. Statutes 2008 336.4A-208, 2008 336.4A-209, 2008 336.4A-211

Cancellation, Minn. Statutes 2008 336.4A-106, 2008 336.4A-211

Contracts and agreements, see same under this topic

Customers, duties, Minn. Statutes 2008 336.4A-203, 2008 336.4A-204, 2008 336.4A-505

Death of sender, effect, Minn. Statutes 2008 336.4A-211

Defined, Minn. Statutes 2008 336.4A-103

Dishonored, Minn. Statutes 2008 5.23

Electronic funds transfers, Minn. Statutes 2008 336.4A-210, 2008 336.4A-211, 2008 336.4A-302

Erroneous payment orders, procedures, Minn. Statutes 2008 336.4A-205

Execution

Damages, Minn. Statutes 2008 336.4A-305

Date, Minn. Statutes 2008 336.4A-301

Erroneous execution, Minn. Statutes 2008 336.4A-303, 2008 336.4A-304

Failure to execute, liability, Minn. Statutes 2008 336.4A-305

Improper execution, liability, Minn. Statutes 2008 336.4A-305

Late execution, liability, Minn. Statutes 2008 336.4A-305

Receiving banks, duties, Minn. Statutes 2008 336.4A-301 to 2008 336.4A-305

Good faith, Minn. Statutes 2008 336.4A-202, 2008 336.4A-302

Incapacity of sender, effect, Minn. Statutes 2008 336.4A-211

Instructions regarding, Minn. Statutes 2008 336.4A-103, 2008 336.4A-202, 2008 336.4A-301, 2008 336.4A-302, 2008 336.4A-401

Interest requirements, Minn. Statutes 2008 336.4A-209, 2008 336.4A-210, 2008 336.4A-305, 2008 336.4A-506

Issuance, time, Minn. Statutes 2008 336.4A-103

Items, exclusion, Minn. Statutes 2008 336.4-104

Liability, see same under this topic

Mail and mailing, Minn. Statutes 2008 336.4A-302, 2008 336.4A-404

Misdescription of beneficiary, effect, Minn. Statutes 2008 336.4A-207

Order of charging, Minn. Statutes 2008 336.4A-504

Originator's bank, duties, Minn. Statutes 2008 336.4A-209, 2008 336.4A-302

Payment by beneficiary's bank to beneficiary, defined, Minn. Statutes 2008 336.4A-405

Payment by originator to beneficiary, defined, Minn. Statutes 2008 336.4A-406

Payment by sender to receiving bank, defined, Minn. Statutes 2008 336.4A-403

Payment date, defined, Minn. Statutes 2008 336.4A-401

Payment of

Beneficiary's bank, duties, Minn. Statutes 2008 336.4A-404, 2008 336.4A-405

Date, Minn. Statutes 2008 336.4A-401

Discharge of obligation, Minn. Statutes 2008 336.4A-406

Generally, Minn. Statutes 2008 336.4A-401 to 2008 336.4A-406

Multiple payments, Minn. Statutes 2008 336.4A-103

Originators, duties, Minn. Statutes 2008 336.4A-406

Provisional payments, Minn. Statutes 2008 336.4A-405

Refunds, Minn. Statutes 2008 336.4A-204

Senders, duties, Minn. Statutes 2008 336.4A-402, 2008 336.4A-403

Time, Minn. Statutes 2008 336.4A-403

Receiving banks, see same under this topic

Rejection, Minn. Statutes 2008 336.4A-209, 2008 336.4A-210

Restraining orders, Minn. Statutes 2008 336.4A-503

Senders, duties, Minn. Statutes 2008 336.4A-205

Time requirements, see Time under this topic

Transmission by the system, see Funds-transfer system under this topic

Unaccepted payment orders, Minn. Statutes 2008 336.4A-210 to 2008 336.4A-212

Unauthorized payment orders, Minn. Statutes 2008 336.4A-204

Unenforceable payment orders, Minn. Statutes 2008 336.4A-203

Verification, Minn. Statutes 2008 336.4A-202, 2008 336.4A-203

Writing requirements, see same under this topic

Prior transactions, validation, Minn. Statutes 2008 336.10-102

Priorities and preferences

Accounts, order of charging, Minn. Statutes 2008 336.4A-504

Accounts, order of charging, creditor process, Minn. Statutes 2008 336.4A-502

Receiving banks

Beneficiary's bank, identification, Minn. Statutes 2008 336.4A-208

Choice of law, Minn. Statutes 2008 336.4A-507

Creditor process, service on, Minn. Statutes 2008 336.4A-502

Cut-off times, Minn. Statutes 2008 336.4A-106

Defined, Minn. Statutes 2008 336.4A-103

Interest rates, calculation, Minn. Statutes 2008 336.4A-506

Intermediary banks, identification, Minn. Statutes 2008 336.4A-208

Liability, Minn. Statutes 2008 336.4A-212, 2008 336.4A-305

Notice received, Minn. Statutes 2008 336.4A-211, 2008 336.4A-304

Objection to debit of account, time, Minn. Statutes 2008 336.4A-505

Order of charging accounts, Minn. Statutes 2008 336.4A-502

Payment orders, duties regarding

Acceptance, Minn. Statutes 2008 336.4A-209

Amendment, Minn. Statutes 2008 336.4A-211

Authorization, Minn. Statutes 2008 336.4A-202

Breach of obligations, Minn. Statutes 2008 336.4A-208, 2008 336.4A-212, 2008 336.4A-305

Cancellation, Minn. Statutes 2008 336.4A-211

Erroneous payment orders, Minn. Statutes 2008 336.4A-205

Execution, Minn. Statutes 2008 336.4A-301 to 2008 336.4A-305

Notice given, Minn. Statutes 2008 336.4A-209, 2008 336.4A-210

Rejection, Minn. Statutes 2008 336.4A-209, 2008 336.4A-210

Right to enforce or retain payment, limitation, Minn. Statutes 2008 336.4A-203

Transmission by the system, Minn. Statutes 2008 336.4A-206

Unauthorized payment orders, Minn. Statutes 2008 336.4A-204

Verification, Minn. Statutes 2008 336.4A-202, 2008 336.4A-203

Payments to, senders, duties, Minn. Statutes 2008 336.4A-402, 2008 336.4A-403

Refunds, Minn. Statutes 2008 336.4A-402

Restitution, recovery, Minn. Statutes 2008 336.4A-303

Security procedures, generally, Minn. Statutes 2008 336.4A-201, 2008 336.4A-202

Suspension of payments, effect on unaccepted payment orders, Minn. Statutes 2008 336.4A-210

Refunds

Agreement to vary, Minn. Statutes 2008 336.4A-204

Beneficiary's bank, rights, Minn. Statutes 2008 336.4A-405

Intermediary banks, duties, Minn. Statutes 2008 336.4A-402

Receiving banks, duties, Minn. Statutes 2008 336.4A-402

Subrogation rights, Minn. Statutes 2008 336.4A-402

Unauthorized payment orders, Minn. Statutes 2008 336.4A-204

Restitution, payments to ineligible beneficiaries, recovery

Beneficiary's bank, Minn. Statutes 2008 336.4A-207, 2008 336.4A-211

Originator's bank, Minn. Statutes 2008 336.4A-209

Receiving bank, Minn. Statutes 2008 336.4A-303

Restraining orders, Minn. Statutes 2008 336.4A-503

Security procedures

Breach causing unenforceable payment orders, Minn. Statutes 2008 336.4A-203

Commercial reasonableness, Minn. Statutes 2008 336.4A-202

Defined, Minn. Statutes 2008 336.4A-201

Payment orders, cancellation or amendment, verification, Minn. Statutes 2008 336.4A-211

Requirements, Minn. Statutes 2008 336.4A-201

Senders

Choice of law, Minn. Statutes 2008 336.4A-507

Cut-off times, Minn. Statutes 2008 336.4A-106

Death or incapacity, effect, Minn. Statutes 2008 336.4A-211

Defined, Minn. Statutes 2008 336.4A-103, 2008 336.4A-202

Erroneous payment orders, Minn. Statutes 2008 336.4A-205

Execution of payment orders, Minn. Statutes 2008 336.4A-301 to 2008 336.4A-305

Liability, Minn. Statutes 2008 336.4A-205, 2008 336.4A-208, 2008 336.4A-211, 2008 336.4A-303

Notice given, Minn. Statutes 2008 336.4A-211, 2008 336.4A-304

Notice received, payment orders, rejection, Minn. Statutes 2008 336.4A-209, 2008 336.4A-210

Payments by, Minn. Statutes 2008 336.4A-402, 2008 336.4A-403

Payments to, Minn. Statutes 2008 336.4A-402

Service of process, creditor process, Minn. Statutes 2008 336.4A-502

Set off

Beneficiary's bank, rights, Minn. Statutes 2008 336.4A-502

Payment by sender to receiving banks, Minn. Statutes 2008 336.4A-403

Signatures, security procedures, Minn. Statutes 2008 336.4A-201

Subrogation

Discharge of payment obligation, Minn. Statutes 2008 336.4A-406

Refunds, Minn. Statutes 2008 336.4A-402

Terminals, Minn. Statutes 2008 47.61 to 2008 47.74

Time

Funds-transfer business day, Minn. Statutes 2008 336.4A-105, 2008 336.4A-106

Objection to debit of account, Minn. Statutes 2008 336.4A-505

Payment orders

Acceptance, Minn. Statutes 2008 336.4A-209

Amendment, Minn. Statutes 2008 336.4A-106, 2008 336.4A-211

Cancellation, Minn. Statutes 2008 336.4A-106, 2008 336.4A-211

Execution, Minn. Statutes 2008 336.4A-301

Issuance, Minn. Statutes 2008 336.4A-103

Payment of, Minn. Statutes 2008 336.4A-403

Receiving, Minn. Statutes 2008 336.4A-106

Rejection, Minn. Statutes 2008 336.4A-210

Settlement, Minn. Statutes 2008 336.4-213

Unauthorized payment orders, reasonable time, Minn. Statutes 2008 336.4A-204

Writing requirements

Damages, recovery, Minn. Statutes 2008 336.4A-305

Misdescriptions, notice, Minn. Statutes 2008 336.4A-207, 2008 336.4A-208

Payment orders

Amendment, notice, Minn. Statutes 2008 336.4A-211

Cancellation, notice, Minn. Statutes 2008 336.4A-211

Generally, Minn. Statutes 2008 336.4A-103

Limitation of right to enforce or retain payment, Minn. Statutes 2008 336.4A-203

Rejection, notice, Minn. Statutes 2008 336.4A-210

Verification, Minn. Statutes 2008 336.4A-202

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