{"data":{"id":"us-nj/n.j.-stat.-12a-4a-201","jurisdiction":"us-nj","citation":"N.J. Stat. § 12A:4A-201","heading":"Security procedure","body":"Security procedure.\n\"Security procedure\" means a procedure established by agreement of a customer and a receiving bank for the purpose of (i) verifying that a payment order or communication amending or cancelling a payment order is that of the customer, or (ii) detecting error in the transmission or the content of the payment order or communication.  A security procedure may require the use of algorithms or other codes, identifying words or numbers, encryption, callback procedures, or similar security devices.  Comparison of a signature on a payment order or communication with an authorized specimen signature of the customer is not by itself a security procedure.\nL.1994,c.114,s.2.","path":["TITLE 12A COMMERCIAL TRANSACTIONS"],"source_url":"https://pub.njleg.state.nj.us/statutes/STATUTES-TEXT.zip","current_through":"P.L.2025, c.405, and J.R.22","vintage":"","retrieved_at":"2026-08-27T17:54:13Z","sha256":"76cae3b62e57e63ea8f0188a7e96dc61cdc0117c19e971d8be3b52be115cd8dc","source_id":"us-nj","stale":true,"prev":"us-nj/n.j.-stat.-12a-4a-108","next":"us-nj/n.j.-stat.-12a-4a-202"},"notice":"GroundRules: Original legal text. Not legal advice."}