Skip to main content
Back To Top Top Back To Top
Home Button Home Button Home Button
The Legislative Service Commission staff updates the Revised Code on an ongoing basis, as it completes its act review of enacted legislation. Updates may be slower during some times of the year, depending on the volume of enacted legislation.

Section 1304.82 | Order in which items and payment orders may be charged to account - order of withdrawals from account - UCC 4A-504.

Ohio Revised Code
/
Title 13 Commercial Transactions
/
Chapter 1304 Bank Deposits And Collections
 
Effective:
October 23, 1991
Latest Legislation:
House Bill 221 - 119th General Assembly
PDF:
Download Authenticated PDF
 

(A) 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.

(B) In determining whether a credit to an account has been withdrawn by the holder of the account or applied to a debt of the holder of the account, credits first made to the account are first withdrawn or applied.

Last updated February 15, 2022 at 1:59 PM

Available Versions of this Section