Ohio § 1304.61
Full text of Ohio Ohio Revised Code § 1304.61, with citation guidance and answers to common questions.
§ 1304.61.
(A) If a payment order addressed to a receiving bank is transmitted to a funds-transfer
system or other third-party communication system for transmittal to the bank, the
system is deemed to be an agent of the sender for the purpose of transmitting the
payment order to the bank. If there is a discrepancy between the terms of the payment order transmitted to
the system and the terms of the payment order transmitted by the system to the bank,
the terms of the payment order of the sender are those transmitted by the system. (B) This section does not apply to a funds-transfer system of the federal reserve banks. (C) This section applies to cancellations and amendments of payment orders to the same
extent it applies to payment orders.
Frequently Asked Questions About Ohio § 1304.61
What does Ohio Revised Code § 1304.61 cover?
Section 1304.61 is part of the Ohio Revised Code, the codified statutory law of Ohio. 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 Ohio § 1304.61?
A common citation format is "Ohio Revised Code § 1304.61" (Ohio). 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 Ohio law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Ohio official source linked on this page or consult a licensed Ohio attorney.
How does Ohio § 1304.61 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Ohio 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 Ohio.