FUNDS TRANSFERS
M.G.L. c. 106, § Article 4A
in effectc. 106, § Article 4A. FUNDS TRANSFERS
Section 4A-101 Short Title
Section 4A-102 Subject Matter
Section 4A-103 Payment Order — Definitions
Section 4A-104 Funds Transfer — Definitions
Section 4A-105 Other Definitions
Section 4A-106 Time Payment Order Is Received
Section 4A-107 Federal Reserve Regulations and Operating Circulars
Section 4A-108 Relationship to Electronic Fund Transfer Act
Section 4A-201 Security Procedure
Section 4A-202 Authorized and Verified Payment Orders
Section 4A-203 Unenforceability of Certain Verified Payment Orders
Section 4A-204 Refund of Payment and Duty of Customer to Report with Respect to Unauthorized Payment Order
Section 4A-205 Erroneous Payment Orders
Section 4A-206 Transmission of Payment Order Through Funds Transfer or Other Communication System
Section 4A-207 Misdescription of Beneficiary
Section 4A-208 Misdescription of Intermediary Bank or Beneficiary's Bank
Section 4A-209 Acceptance of Payment Order
Section 4A-210 Rejection of Payment Order
Section 4A-211 Cancellation and Amendment of Payment Order
Section 4A-212 Liability and Duty of Receiving Bank Regarding Unaccepted Payment Order
Section 4A-301 Execution and Execution Date
Section 4A-302 Obligations of Receiving Bank in Execution of Payment Order
Section 4A-303 Erroneous Execution of Payment Order
Section 4A-304 Duty of Sender to Report Erroneously Executed Payment Order
Section 4A-305 Liability for Late or Improper Execution or Failure to Execute Payment Order
Section 4A-401 Payment Date
Section 4A-402 Obligation of Sender to Pay Receiving Bank
Section 4A-403 Payment by Sender to Receiving Bank
Section 4A-404 Obligation of Beneficiary's Bank to Pay and Give Notice to Beneficiary
Section 4A-405 Payment by Beneficiary's Bank to Beneficiary
Section 4A-406 Payment by Originator to Beneficiary; Discharge of Underlying Obligation
Section 4A-501 Variation by Agreement and Effect of Funds Transfer System Rule
Section 4A-502 Creditor Process Served on Receiving Bank; Setoff by Beneficiary's Bank
Section 4A-503 Injunction or Restraining Order with Respect to Funds Transfer
Section 4A-504 Order in Which Items and Payment Orders May Be Charged to Account; Order or Withdrawals from Account
Section 4A-505 Preclusion of Objection to Debit of Customer's Account
Section 4A-506 Rate of Interest
Section 4A-507 Choice of Law
Source: Massachusetts General Court (malegislature.gov)URL: https://malegislature.gov/Laws/GeneralLaws/PartI/TitleXV/Chapter106/Article4AFetched: 10/20/2026