Pennsylvania § 4A201 - Security procedure.
Full text of Pennsylvania Pennsylvania Consolidated Statutes § 4A201 — Security procedure., with citation guidance and answers to common questions.
§ 4A201. Security procedure.
"Security procedure" means a procedure established by agreement of a customer and a receiving bank for the purpose of:
(1) verifying that a payment order or communication amending or canceling a payment order is that of the customer; or
(2) detecting error in the transmission or the content of the payment order or communication.
A security procedure may impose an obligation on the receiving bank or the customer and may require the use of algorithms or other codes, identifying words, numbers, symbols, sounds, biometrics, encryption, callback procedures or similar security devices. Comparison of a signature on a payment order or communication with an authorized specimen signature of the customer or requiring a payment order to be sent from a known email address, IP address or telephone number is not by itself a security procedure.
(July 1, 2024, P.L.450, No.41, eff. 60 days)
2024 Amendment. See section 1 of Act 41 in the appendix to this title for special provisions relating to findings and declarations.
Cross References. Section 4A201 is referred to in section 4A105 of this title.
Frequently Asked Questions About Pennsylvania § 4A201
What does Pennsylvania Consolidated Statutes § 4A201 cover?
Section 4A201 ("Security procedure.") is part of the Pennsylvania Consolidated Statutes, the codified statutory law of Pennsylvania. 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 Pennsylvania § 4A201?
A common citation format is "Pennsylvania Consolidated Statutes § 4A201" (Pennsylvania). 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 Pennsylvania law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Pennsylvania official source linked on this page or consult a licensed Pennsylvania attorney.
How does Pennsylvania § 4A201 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Pennsylvania 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 Pennsylvania.