Statute · New York Uniform Commercial Code
N.Y. U.C.C. Law § 4-A-108 — Relationship to Electronic Fund Transfer Act
N.Y. U.C.C. Law § 4-A-108
- Type
- Statute
- Source
- New York Uniform Commercial Code
- Jurisdiction
- New York
- Current through
- Nov 4, 2026 (NY Senate Open Legislation)
Section 4-A-108. Relationship to Electronic Fund Transfer Act.
Citator
N.Y. U.C.C. Law § 4-A-108 — Relationship to Electronic Fund Transfer Act is in force in the current edition of the Code, and nothing recorded condemns it.
Section 4-A-108. Relationship to Electronic Fund Transfer Act.
(1) Except as provided in subsection (2) of this section, this Article does not apply to a funds transfer any part of which is governed by the Electronic Fund Transfer Act of 1978 (Title XX, Public Law 95-630, 92 Stat. 3728, 15 U.S.C. §1693 et seq.) as amended from time to time.
(2) This Article shall apply to a funds transfer that is a remittance transfer as defined in the Electronic Fund Transfer Act (15 U.S.C. Sec. 1693o-1) as amended from time to time unless the remittance transfer is an electronic fund transfer as defined in the Electronic Fund Transfer Act (15 U.S.C. Sec. 1693a) as amended from time to time.
(3) In a funds transfer to which this Article applies, in the event of an inconsistency between an applicable provision of this Article and an applicable provision of the Electronic Fund Transfer Act, the provision of the Electronic Fund Transfer Act governs to the extent of the inconsistency.