{"data":{"id":"us-ga/o.c.g.a.-11-4a-105","jurisdiction":"us-ga","citation":"O.C.G.A. § 11-4A-105","heading":"Other definitions.","body":"(a) In this article:\n(1) “Authorized account” means a deposit account of a customer in a bank designated by the customer as a source of payment of payment orders issued by the customer to the bank. If a customer does not so designate an account, any account of the customer is an authorized account if payment of a payment order from that account is not inconsistent with a restriction on the use of that account.\n(2) “Bank” means a person engaged in the business of banking and includes a savings bank, savings and loan association, credit union, and trust company. A branch or separate office of a bank is a separate bank for purposes of this article.\n(3) “Customer” means a person, including a bank, having an account with a bank or from whom a bank has agreed to receive payment orders.\n(4) “Funds-transfer business day” of a receiving bank means the part of a day during which the receiving bank is open for the receipt, processing, and transmittal of payment orders and cancellations and amendments of payment orders.\n(5) “Funds-transfer system” means a wire transfer network, automated clearing house, or other communication system of a clearing house or other association of banks through which a payment order by a bank may be transmitted to the bank to which the order is addressed.\n(6) Reserved.\n(7) “Prove” with respect to a fact means to meet the burden of establishing the fact (Code Section 11-1-201(b)(8)).\n(b) Other definitions applying to this article and the Code sections in which they appear are:\n“Acceptance.” Code Section 11-4A-209.\n“Beneficiary.” Code Section 11-4A-103.\n“Beneficiary’s bank.” Code Section 11-4A-103.\n“Executed.” Code Section 11-4A-301.\n“Execution date.” Code Section 11-4A-301.\n“Funds transfer.” Code Section 11-4A-104.\n“Funds-transfer system rule.” Code Section 11-4A-501.\n“Intermediary bank.” Code Section 11-4A-104.\n“Originator.” Code Section 11-4A-104.\n“Originator’s bank.” Code Section 11-4A-104.\n“Payment by beneficiary’s bank to beneficiary.” Code Section 11-4A-405.\n“Payment by originator to beneficiary.” Code Section 11-4A-406.\n“Payment by sender to receiving bank.” Code Section 11-4A-403.\n“Payment date.” Code Section 11-4A-401.\n“Payment order.” Code Section 11-4A-103.\n“Receiving bank.” Code Section 11-4A-103.\n“Security procedure.” Code Section 11-4A-201.\n“Sender.” Code Section 11-4A-103.\n(c) The following definitions in Article 4 of this title apply to this article:\n“Clearing house.” Code Section 11-4-104.\n“Item.” Code Section 11-4-104.\n“Suspends payments.” Code Section 11-4-104.\n(d) In addition Article 1 of this title contains general definitions and principles of construction and interpretation applicable throughout this article.","path":["TITLE 11 Commercial Code","Article 4A Funds Transfers","PART 1 Subject Matter and Definitions"],"source_url":"https://archive.org/download/gov.ga.ocga.2018/release86.2022.11/gov.ga.ocga.title.11.odt","current_through":"Release 86 (2022-11)","vintage":"Public.Resource.Org bulk O.C.G.A., Release 86 (2022-11), retrieved 2026-09-17","retrieved_at":"2026-09-17T19:34:57Z","sha256":"36af95fbe4cb9287e350fc2d64d55b2ac9f27e895fb61ffecd709204311590dc","source_id":"us-ga","stale":false,"prev":"us-ga/o.c.g.a.-11-4a-104","next":"us-ga/o.c.g.a.-11-4a-106"},"notice":"GroundRules: Original legal text. Not legal advice."}