N.Y. Uniform Commercial Code Law § 4-a-108: Relationship to Electronic Fund Transfer Act

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.