2025 Session Last amended: 1990 session

§ 336.4A-102 — Subject Matter

Plain-Language Summary

This section states that Article 4A does not apply to fund transfers governed by the federal Electronic Fund Transfer Act (which covers consumer transfers). Article 4A governs commercial wire transfers.

Practical Notes
Article 4A covers commercial wire transfers (like business-to-business payments) but not consumer electronic transfers like ATM or debit card transactions.