{"data":{"id":"us-ok/okla.-stat.-tit.-12a-12a-4a-505","jurisdiction":"us-ok","citation":"Okla. Stat. tit. 12A, § 12A-4A-505","heading":"Preclusion of Objection to Debit of Customer's","body":"Account.\n\nPRECLUSION OF OBJECTION TO DEBIT OF CUSTOMER'S ACCOUNT\n\n(a) If a receiving bank has received payment from its customer\n\nwith respect to a payment order issued in the name of the customer\n\nas sender and accepted by the bank, and the customer received\n\nnotification reasonably identifying the order, the customer is\n\nprecluded from asserting that the bank is not entitled to retain the\n\npayment unless the customer notifies the bank of the customer's\n\nobjection to the payment within (1) one year after the notification\n\nwas received by the customer.\n\n(b) The one-year period provided for in subsection (a) of this\n\nsection may be reduced by agreement, but not to less than sixty (60)\n\ndays.","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":"f23317df134b682e4eb244e9b2a3fe55ae0d4c4cd9156aeb7c284c48ef5df634","source_id":"us-ok","stale":false,"prev":"us-ok/okla.-stat.-tit.-12a-12a-4a-504","next":"us-ok/okla.-stat.-tit.-12a-12a-4a-506"},"notice":"GroundRules: Original legal text. Not legal advice."}
