New Jersey § 12a:4a-504
Full text of New Jersey New Jersey Statutes § 12a:4a-504, with citation guidance and answers to common questions.
§ 12a:4a-504.
(1) If a receiving bank has received more than one payment order of the sender or
one or more payment orders and other items that are payable from the sender's account,
the bank may charge the sender's account with respect to the various orders and items
in any sequence. (2) In determining whether a credit to an account has been withdrawn by the holder
of the account or applied to a debt of the holder of the account, credits first made
to the account are first withdrawn or applied.
Frequently Asked Questions About New Jersey § 12a:4a-504
What does New Jersey Statutes § 12a:4a-504 cover?
Section 12a:4a-504 is part of the New Jersey Statutes, the codified statutory law of New Jersey. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite New Jersey § 12a:4a-504?
A common citation format is "New Jersey Statutes § 12a:4a-504" (New Jersey). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of New Jersey law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the New Jersey official source linked on this page or consult a licensed New Jersey attorney.
How does New Jersey § 12a:4a-504 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in New Jersey can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in New Jersey.