{"data":{"id":"us-ok/okla.-stat.-tit.-12a-12a-4a-212","jurisdiction":"us-ok","citation":"Okla. Stat. tit. 12A, § 12A-4A-212","heading":"Liability and duty of receiving bank regarding","body":"unaccepted payment.\n\nLIABILITY AND DUTY OF RECEIVING BANK REGARDING UNACCEPTED\n\nPAYMENT ORDER\n\nIf a receiving bank fails to accept a payment order that it is\n\nobliged by express agreement to accept, the bank is liable for\n\nbreach of the agreement to the extent provided in the agreement or\n\nin this Article, but does not otherwise have any duty to accept a\n\npayment order or, before acceptance, to take any action, or refrain\n\nfrom taking action, with respect to the order except as provided in\n\nthis Article or by express agreement. Liability based on acceptance\n\narises only when acceptance occurs as stated in Section 17 of this\n\nact, and liability is limited to that provided in this Article. A\n\nreceiving bank is not the agent of the sender or beneficiary of the\n\npayment order it accepts, or of any other party to the funds\n\ntransfer, and the bank owes no duty to any party to the funds\n\ntransfer except as provided in this Article or by express agreement.","path":["OK Code","Title 12A"],"source_url":"https://www.oklegislature.gov/OK_Statutes/CompleteTitles/os12A.pdf","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:36Z","sha256":"2a3be5dd117443dd6602033816c189f4441013373ae80514802b4d45763f43ea","source_id":"us-ok","stale":false,"prev":"us-ok/okla.-stat.-tit.-12a-12a-4a-211","next":"us-ok/okla.-stat.-tit.-12a-12a-4a-301"},"notice":"GroundRules: Original legal text. Not legal advice."}