Miss. Code Ann. § 75-4A-201: Security procedure.
Where this section sits in the code
- Title 75. Regulation of Trade, Commerce and Investments
- Chapter 4A. Uniform Commercial Code—Funds Transfers
- Part 2. Issue and Acceptance of Payment Order.
“Security procedure” means a procedure established by agreement of a customer and a receiving bank for the purpose of (i) verifying that a payment order or communication amending or cancelling a payment order is that of the customer, or (ii) detecting error in the transmission or the content of the payment order or communication. A security procedure may require the use of algorithms or other codes, identifying words or numbers, 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 is not by itself a security procedure.
Collected 2026-10-27T05:54:13Z. Source file · JSON
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