{"data":{"id":"us-id/idaho-code-28-4-606","jurisdiction":"us-id","citation":"Idaho Code § 28-4-606","heading":"Time payment order is received.","body":"(1) The time of receipt of a payment order or communication canceling or amending a payment order is determined by the rules applicable to receipt of a notice stated in section 28-1-202. 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 canceling 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 canceling 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(2) If this part 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 part.","path":["TITLE 28 COMMERCIAL TRANSACTIONS","CHAPTER 4 UNIFORM COMMERCIAL CODE — BANK DEPOSITS AND COLLECTIONS","PART 6. FUNDS TRANSFERS"],"source_url":"https://legislature.idaho.gov/statutesrules/idstat/title28/t28ch4/sect28-4-606/","current_through":"2026 Legislative Session","vintage":"","retrieved_at":"2026-09-04T11:18:16Z","sha256":"719a72e1195f4c6126887b63db89bb9980e473644ee69e92eabab8caeeb59dfb","source_id":"us-id","stale":false,"prev":"us-id/idaho-code-28-4-605","next":"us-id/idaho-code-28-4-607"},"notice":"GroundRules: Original legal text. Not legal advice."}