{"data":{"id":"us-me/11-m.r.s.-4-1105","jurisdiction":"us-me","citation":"11 M.R.S. §4-1105","heading":"Other definitions","body":"(1).\nIn this Article:\n(a).\n\"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(b).\n\"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(c).\n\"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(d).\n\"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(e).\n\"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; and\n(f).\n(g).\n\"Prove\" with respect to a fact means to meet the burden of establishing the fact (section 1‑1201, subsection (8)).\n(2).\nOther definitions applying to this Article and the sections in which they appear are:\n| \"Acceptance\" | | Section 4‑1209\n| \"Beneficiary\" | | Section 4‑1103\n| \"Beneficiary's bank\" | | Section 4‑1103\n| \"Executed\" | | Section 4‑1301\n| \"Execution date\" | | Section 4‑1301\n| \"Funds transfer\" | | Section 4‑1104\n| \"Funds transfer system rule\" | | Section 4‑1501\n| \"Intermediary bank\" | | Section 4‑1104\n| \"Originator\" | | Section 4‑1104\n| \"Originator's bank\" | | Section 4‑1104\n| \"Payment by beneficiary's bank to beneficiary\" | | Section 4‑1405\n| \"Payment by originator to beneficiary\" | | Section 4‑1406\n| \"Payment by sender to receiving bank\" | | Section 4‑1403\n| \"Payment date\" | | Section 4‑1401\n| \"Payment order\" | | Section 4‑1103\n| \"Receiving bank\" | | Section 4‑1103\n| \"Security procedure\" | | Section 4‑1201\n| \"Sender\" | | Section 4‑1103\n(3).\nThe following definitions in Article 4 apply to this Article:\n| \"Clearing house\" | | Section 4‑104\n| \"Item\" | | Section 4‑104\n| \"Suspends payments\" | | Section 4‑104\n(4).\nIn addition, Article 1 contains general definitions and principles of construction and interpretation applicable throughout this Article.","path":["TITLE 11: UNIFORM COMMERCIAL CODE","PART 1: SUBJECT MATTER AND DEFINITIONS"],"source_url":"https://legislature.maine.gov/statutes/11/title11sec4-1105.html","current_through":"October 1, 2025","vintage":"","retrieved_at":"2026-09-04T15:12:25Z","sha256":"54dc8cd2c667c29e03d263ea9aafea79e640c49c2c3189113b8ee1e4db72cbfc","source_id":"us-me","stale":false,"prev":"us-me/11-m.r.s.-4-1104","next":"us-me/11-m.r.s.-4-1106"},"notice":"GroundRules: Original legal text. Not legal advice."}