Law of Modern Payment Systems and Notes

Law of Modern Payment Systems and Notes

by Frederick H. Miller, Alvin C. Harrell



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Law of Modern Payment Systems and Notes by Frederick H. Miller, Alvin C. Harrell

Hornbook on the Law of Modern Payment Systems and Notes discusses UCC Articles 3, 4 and 4A in detail, and explains to what extent provisions and interpretive cases decided prior to the promulgation of Article 4A and prior to the 1990 revision of Articles 3 and 4 are carried over, and thus are still useful, and why changes made were needed. The book discusses a number of issues not generally recognized and treated elsewhere, including the meaning of the new standard of good faith, the relation between "accountability" and "final payment," and consequences of radical truncation. The book also extensively treats related other law, such as Regulations CC and DD and consumer law, and its relation to the provisions of the UCC, and also the rules for other payment systems, including credit and debit cards, stored value devices and so-called "e-checks."

Product Details

ISBN-13: 9780314260116
Publisher: Thomson West
Publication date: 01/01/2002
Series: Practitioner Treatise Ser.
Pages: 870

Table of Contents

The Law Governing Methods of Payment and Evidences of Debt

Form Requirements for Negotiable Instruments

Rights on Negotiable Instruments

Liability on Negotiable Instruments: The Basic Obligors

Liability on Negotiable Instruments: Accommodation and Agency

Defenses to and Discharge of Liability on Negotiable Instruments

Liability and Rights Not on the Instrument of Parties to Negotiable Instruments

Article 4: Provisional and Final Payment

The Bank�Customer Relationship

UCC Article 4A—Funds Transfers Non�UCC Payment Systems

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