Which article of the Uniform Commercial Code covers electronic funds transfers between businesses and financial institutions?

Question

Quizplus · Accepted Answer

Electronic funds transfers between business and financial institutions are covered by Article 4A (Funds Transfers) of the Uniform Commercial Code. Article 4A explicitly excludes consumer payments that are covered by the Electronic Funds Transfer Act, which includes the payments made through automated clearing houses.

Which Article of the Uniform Commercial Code Covers Electronic Funds