{"data":{"id":"us-mn/minn.-stat.-336.4a-106","jurisdiction":"us-mn","citation":"Minn. Stat. § 336.4A-106","heading":"TIME PAYMENT ORDER IS RECEIVED.","body":"(a) 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 336.1-202. 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(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":["TRADE REGULATIONS, CONSUMER PROTECTION","CHAPTER 336. UNIFORM COMMERCIAL CODE","Article 4A FUND TRANSFERS","Part 1 SUBJECT MATTER AND DEFINITIONS"],"source_url":"https://www.revisor.mn.gov/statutes/cite/336.4A-106","current_through":"2025 Minnesota Statutes","vintage":"","retrieved_at":"2026-09-02T22:10:43Z","sha256":"0606039fe7343a1695b5c879662457bcbb33a60b6ddb896f57c4969a65ad1d27","source_id":"us-mn","stale":false,"prev":"us-mn/minn.-stat.-336.4a-105","next":"us-mn/minn.-stat.-336.4a-107"},"notice":"GroundRules: Original legal text. Not legal advice."}