N.Y. Uniform Commercial Code Law § 3-418: Finality of Payment or Acceptance

Section 3--418. Finality of Payment or Acceptance.

Except for recovery of bank payments as provided in the Article on

Bank Deposits and Collections (Article 4) and except for liability for

breach of warranty on presentment under the preceding section, payment

or acceptance of any instrument is final in favor of a holder in due

course, or a person who has in good faith changed his position in

reliance on the payment.