{"data":{"id":"us-ak/as-45.14.201","jurisdiction":"us-ak","citation":"AS 45.14.201","heading":"Security procedure.","body":"(a) In this chapter, “security procedure” means a procedure established by agreement of a customer and a receiving bank for the purpose of\n(1) verifying that a payment order or communication amending or canceling a payment order is that of the customer; or\n(2) detecting error in the transmission or the content of the payment order or communication.\n(b) A security procedure may require the use of algorithms or other codes, identifying words or numbers, encryption, call-back 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.","path":["Title 45. Trade and Commerce.","Chapter 14. Funds Transfers.","Article 2. Issue and Acceptance of Payment Order."],"source_url":"https://www.akleg.gov/basis/statutes.asp#45.14.201","current_through":"Alaska Statutes 2025 (34th Legislature, 2025-2026)","vintage":"","retrieved_at":"2026-09-02T06:19:44Z","sha256":"61840316714e53207acbd8e69555b5fef945842de3d9ff7ecd6bdbdbe2a2a362","source_id":"us-ak","stale":false,"prev":"us-ak/as-45.14.108","next":"us-ak/as-45.14.202"},"notice":"GroundRules: Original legal text. Not legal advice."}