{"data":{"id":"us-de/6-del.-c.-4a-106","jurisdiction":"us-de","citation":"6 Del. C. § 4A-106","heading":"Time payment order is received.","body":"(a) The time of receipt of a payment order or communication cancelling or amending a payment order is determined by the rules applicable to receipt of a notice stated in Section 1-202. A receiving bank may fix a cut-off time or times on a funds-transfer business day for the receipt and processing of payment orders and communications cancelling or amending payment orders. Different cut-off times may apply to payment orders, cancellations, or amendments, or to different categories of payment orders, cancellations, or amendments. A cut-off time may apply to senders generally or different cut-off times may apply to different senders or categories of payment orders. If a payment order or communication cancelling or amending a payment order is received after the close of a funds-transfer business day or after the appropriate cut-off time on a funds-transfer business day, the receiving bank may treat the payment order or communication as received at the opening of the next funds-transfer business day.\n(b) If this Article refers to an execution date or payment date or states a day on which a receiving bank is required to take action, and the date or day does not fall on a funds-transfer business day, the next day that is a funds-transfer business day is treated as the date or day stated, unless the contrary is stated in this Article.","path":["Title 6. Commerce and Trade","SUBTITLE I","Uniform Commercial Code","ARTICLE 4A. Funds Transfers","Part 1","Subject Matter and Definitions"],"source_url":"https://delcode.delaware.gov/title6/c004a/sc01/index.html#4A-106","current_through":"2026-08-10 (85 Del. Laws, c. 421, 424)","vintage":"","retrieved_at":"2026-09-05T23:02:06Z","sha256":"7bfbfd45c6235973a17e94642779a9f9856deee6e62d10e0e7e175ed07c6b09f","source_id":"us-de","stale":true,"prev":"us-de/6-del.-c.-4a-105","next":"us-de/6-del.-c.-4a-107"},"notice":"GroundRules: Original legal text. Not legal advice."}