reglab/housing_qa huggingface dataset:
11 ME Rev Stat § 4-1107 (2021)
2021 Maine Revised Statutes|TITLE 11: UNIFORM COMMERCIAL CODE|Article 4-A: FUNDS TRANSFERS|Part 1: SUBJECT MATTER AND DEFINITIONS|11 §4-1107. Federal reserve regulations and operating circulars

 §4-1107. Federal reserve regulations and operating circulars Regulations of the Board of Governors of the Federal Reserve System and operating circulars of the Federal Reserve Banks supersede any inconsistent provision of this Article to the extent of the inconsistency.   [PL 1991, c. 812, §2 (NEW).]SECTION HISTORY PL 1991, c. 812, §2 (NEW).
11 ME Rev Stat § 4-1108 (2021)
2021 Maine Revised Statutes|TITLE 11: UNIFORM COMMERCIAL CODE|Article 4-A: FUNDS TRANSFERS|Part 1: SUBJECT MATTER AND DEFINITIONS|11 §4-1108. Exclusion of consumer transactions governed by federal law (REPEALED)

 §4-1108. Exclusion of consumer transactions governed by federal law (REPEALED)SECTION HISTORY PL 1991, c. 812, §2 (NEW). PL 2013, c. 151, §2 (RP).
11 ME Rev Stat § 4-1109 (2021)
2021 Maine Revised Statutes|TITLE 11: UNIFORM COMMERCIAL CODE|Article 4-A: FUNDS TRANSFERS|Part 1: SUBJECT MATTER AND DEFINITIONS|11 §4-1109. Relationship to federal Electronic Fund Transfer Act

 §4-1109. Relationship to federal Electronic Fund Transfer Act (1).  Except as provided in subsection (2), this Article does not apply to a funds transfer any part of which is governed by the Electronic Fund Transfer Act of 1978, Title XX, Public Law 95-630, 92 Stat. 3728, 15 United States Code, Section 1693 et seq., as amended.   [PL 2013, c. 151, §3 (NEW).] (2).  This Article applies to a funds transfer that is a remittance transfer as defined in the Electronic Fund Transfer Act of 1978, Title XX, Public Law 95-630, 92 Stat. 3728, 15 United States Code, Section 1693 et seq., as amended, unless the remittance transfer is an electronic fund transfer as defined in the Electronic Fund Transfer Act of 1978, Title XX, Public Law 95-630, 92 Stat. 3728, 15 United States Code, Section 1693 et seq., as amended.   [PL 2013, c. 151, §3 (NEW).] (3).  In a funds transfer to which this Article applies, in the event of an inconsistency between an applicable provision of this Article and an applicable provision of the Electronic Fund Transfer Act of 1978, Title XX, Public Law 95-630, 92 Stat. 3728, 15 United States Code, Section 1693 et seq., as amended, the provision of the Electronic Fund Transfer Act governs to the extent of the inconsistency.   [PL 2013, c. 151, §3 (NEW).] SECTION HISTORY PL 2013, c. 151, §3 (NEW).
11 ME Rev Stat § 4-1201 (2021)
2021 Maine Revised Statutes|TITLE 11: UNIFORM COMMERCIAL CODE|Article 4-A: FUNDS TRANSFERS|Part 2: ISSUE AND ACCEPTANCE OF PAYMENT ORDER|11 §4-1201. Security procedure

 §4-1201. Security procedure "Security procedure" means a procedure established by agreement of a customer and a receiving bank for the purpose of:   [PL 1991, c. 812, §2 (NEW).](1).  Verifying that a payment order or communication amending or cancelling a payment order is that of the customer; or   [PL 1991, c. 812, §2 (NEW).] (2).  Detecting error in the transmission or the content of the payment order or communication.   [PL 1991, c. 812, §2 (NEW).] 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.   [PL 1991, c. 812, §2 (NEW).]SECTION HISTORY PL 1991, c. 812, §2 (NEW).
11 ME Rev Stat § 4-1203 (2021)
2021 Maine Revised Statutes|TITLE 11: UNIFORM COMMERCIAL CODE|Article 4-A: FUNDS TRANSFERS|Part 2: ISSUE AND ACCEPTANCE OF PAYMENT ORDER|11 §4-1203. Unenforceability of certain verified payment orders

 §4-1203. Unenforceability of certain verified payment orders (1).  If an accepted payment order is not under section 4-1202, subsection (1) an authorized order of a customer identified as sender but is effective as an order of the customer pursuant to section 4-1202, subsection (2), the following rules apply.   (a). By express written agreement, the receiving bank may limit the extent to which it is entitled to enforce or retain payment of the payment order.   [PL 1991, c. 812, §2 (NEW).](b). The receiving bank is not entitled to enforce or retain payment of the payment order if the customer proves that the order was not caused, directly or indirectly, by a person:   (i) Entrusted at any time with duties to act for the customer with respect to payment orders or the security procedure or who obtained access to transmitting facilities of the customer; or   (ii) Who obtained from a source controlled by the customer and without authority of the receiving bank information facilitating breach of the security procedure, regardless of how the information was obtained or whether the customer was at fault. Information includes any access device, computer software or the like.   [PL 1991, c. 812, §2 (NEW).][PL 1991, c. 812, §2 (NEW).] (2).  This section applies to amendments of payment orders to the same extent it applies to payment orders.   [PL 1991, c. 812, §2 (NEW).] SECTION HISTORY PL 1991, c. 812, §2 (NEW).
11 ME Rev Stat § 4-1204 (2021)
2021 Maine Revised Statutes|TITLE 11: UNIFORM COMMERCIAL CODE|Article 4-A: FUNDS TRANSFERS|Part 2: ISSUE AND ACCEPTANCE OF PAYMENT ORDER|11 §4-1204. Refund of payment and duty of customer to report with respect to unauthorized payment order

 §4-1204. Refund of payment and duty of customer to report with respect to unauthorized payment order (1).  If a receiving bank accepts a payment order issued in the name of its customer as sender that is not authorized and not effective as the order of the customer under section 4-1202 or not enforceable in whole or in part, against the customer under section 4-1203, the bank shall refund any payment of the payment order received from the customer to the extent the bank is not entitled to enforce payment and shall pay interest on the refundable amount calculated from the date the bank received payment to the date of the refund. The customer is not entitled to interest from the bank on the amount to be refunded if the customer fails to exercise ordinary care to determine that the order was not authorized by the customer and to notify the bank of the relevant facts within a reasonable time not exceeding 90 days after the date the customer received notification from the bank that the order was accepted or that the customer's account was debited with respect to the order. The bank is not entitled to any recovery from the customer on account of a failure by the customer to give notification as stated in this section.   [PL 1991, c. 812, §2 (NEW).] (2).  Reasonable time under subsection (1) may be fixed by agreement as stated in section 1-1302, subsection (2), but the obligation of a receiving bank to refund payment as stated in subsection (1) may not otherwise be varied by agreement.   [PL 2009, c. 325, Pt. B, §21 (AMD); PL 2009, c. 325, Pt. B, §27 (AFF).] SECTION HISTORY PL 1991, c. 812, §2 (NEW). PL 2009, c. 325, Pt. B, §21 (AMD). PL 2009, c. 325, Pt. B, §27 (AFF).
11 ME Rev Stat § 4-1205 (2021)
2021 Maine Revised Statutes|TITLE 11: UNIFORM COMMERCIAL CODE|Article 4-A: FUNDS TRANSFERS|Part 2: ISSUE AND ACCEPTANCE OF PAYMENT ORDER|11 §4-1205. Erroneous payment orders

 §4-1205. Erroneous payment orders (1).  If an accepted payment order was transmitted pursuant to a security procedure for the detection of error and the payment order erroneously instructed payment to a beneficiary not intended by the sender, erroneously instructed payment in an amount greater than the amount intended by the sender or was an erroneously transmitted duplicate of a payment order previously sent by the sender, the following rules apply.   (a). If the sender proves that the sender or a person acting on behalf of the sender pursuant to section 4-1206 complied with the security procedure and that the error would have been detected if the receiving bank had also complied, the sender is not obliged to pay the order to the extent stated in paragraphs (b) and (c).   [PL 1991, c. 812, §2 (NEW).](b). If the funds transfer is completed on the basis of a payment order that erroneously instructed payment to a beneficiary not intended by the sender or that was an erroneously transmitted duplicate of a payment order previously sent by the sender, the sender is not obliged to pay the order and the receiving bank is entitled to recover from the beneficiary any amount paid to the beneficiary to the extent allowed by the law governing mistake and restitution.   [PL 1991, c. 812, §2 (NEW).](c). If the funds transfer is completed on the basis of a payment order erroneously instructing payment in an amount greater than the amount intended by the sender, the sender is not obliged to pay the order to the extent the amount received by the beneficiary is greater than the amount intended by the sender. In that case, the receiving bank is entitled to recover from the beneficiary the excess amount received to the extent allowed by the law governing mistake and restitution.   [PL 1991, c. 812, §2 (NEW).][PL 1991, c. 812, §2 (NEW).] (2).  If the sender of an erroneous payment order described in subsection (1) is not obliged to pay all or part of the order, and the sender receives notification from the receiving bank that the order was accepted by the bank or that the sender's account was debited with respect to the order, the sender has a duty to exercise ordinary care, on the basis of information available to the sender, to discover the error with respect to the order and to advise the bank of the relevant facts within a reasonable time, not exceeding 90 days, after the bank's notification was received by the sender. If the bank proves that the sender failed to perform that duty, the sender is liable to the bank for the loss the bank proves it incurred as a result of the failure, but the liability of the sender may not exceed the amount of the sender's order.   [PL 1991, c. 812, §2 (NEW).] (3).  This section applies to amendments to payment orders to the same extent it applies to payment orders.   [PL 1991, c. 812, §2 (NEW).] SECTION HISTORY PL 1991, c. 812, §2 (NEW).
11 ME Rev Stat § 4-1206 (2021)
2021 Maine Revised Statutes|TITLE 11: UNIFORM COMMERCIAL CODE|Article 4-A: FUNDS TRANSFERS|Part 2: ISSUE AND ACCEPTANCE OF PAYMENT ORDER|11 §4-1206. Transmission of payment order through funds transfer or other communication system

 §4-1206. Transmission of payment order through funds transfer or other communication system (1).  If a payment order addressed to a receiving bank is transmitted to a funds transfer system or other 3rd-party communication system for transmittal to the bank, the system is deemed to be an agent of the sender for the purpose of transmitting the payment order to the bank. If there is a discrepancy between the terms of the payment order transmitted to the system and the terms of the payment order transmitted by the system to the bank, the terms of the payment order of the sender are those transmitted by the system. This section does not apply to a funds transfer system of the Federal Reserve Banks.   [PL 1991, c. 812, §2 (NEW).] (2).  This section applies to cancellations and amendments of payment orders to the same extent it applies to payment orders.   [PL 1991, c. 812, §2 (NEW).] SECTION HISTORY PL 1991, c. 812, §2 (NEW).
11 ME Rev Stat § 4-1210 (2021)
2021 Maine Revised Statutes|TITLE 11: UNIFORM COMMERCIAL CODE|Article 4-A: FUNDS TRANSFERS|Part 2: ISSUE AND ACCEPTANCE OF PAYMENT ORDER|11 §4-1210. Rejection of payment order

 §4-1210. Rejection of payment order (1).  A payment order is rejected by the receiving bank by a notice of rejection transmitted to the sender orally, electronically or in writing. A notice of rejection need not use any particular words and is sufficient if it indicates that the receiving bank is rejecting the order or will not execute or pay the order. Rejection is effective when the notice is given if transmission is by a means that is reasonable in the circumstances. If notice of rejection is given by a means that is not reasonable, rejection is effective when the notice is received. If an agreement of the sender and receiving bank establishes the means to be used to reject a payment order, any means complying with the agreement is reasonable and any means not complying is not reasonable unless no significant delay in receipt of the notice resulted from the use of the noncomplying means.   [PL 1991, c. 812, §2 (NEW).] (2).  This subsection applies if a receiving bank other than the beneficiary's bank fails to execute a payment order despite the existence on the execution date of a withdrawable credit balance in an authorized account of the sender sufficient to cover the order. If the sender does not receive notice of rejection of the order on the execution date and the authorized account of the sender does not bear interest, the bank is obliged to pay interest to the sender on the amount of the order for the number of days elapsing after the execution date to the earlier of the day the order is canceled pursuant to section 4-1211, subsection (4) or the day the sender receives notice or learns that the order was not executed, counting the final day of the period as an elapsed day. If the withdrawable credit balance during that period falls below the amount of the order, the amount of interest is reduced accordingly.   [PL 1991, c. 812, §2 (NEW).] (3).  If a receiving bank suspends payments, all unaccepted payment orders issued to it are deemed rejected at the time the bank suspends payments.   [PL 1991, c. 812, §2 (NEW).] (4).  Acceptance of a payment order precludes a later rejection of the order. Rejection of a payment order precludes a later acceptance of the order.   [PL 1991, c. 812, §2 (NEW).] SECTION HISTORY PL 1991, c. 812, §2 (NEW).
11 ME Rev Stat § 4-1212 (2021)
2021 Maine Revised Statutes|TITLE 11: UNIFORM COMMERCIAL CODE|Article 4-A: FUNDS TRANSFERS|Part 2: ISSUE AND ACCEPTANCE OF PAYMENT ORDER|11 §4-1212. Liability and duty of receiving bank regarding unaccepted payment order

 §4-1212. Liability and duty of receiving bank regarding unaccepted payment order If a receiving bank fails to accept a payment order that it is obliged by express agreement to accept, the bank is liable for breach of the agreement to the extent provided in the agreement or in this Article but does not otherwise have any duty to accept a payment order or before acceptance to take any action or refrain from taking action with respect to the order except as provided in this Article or by express agreement. Liability based on acceptance arises only when acceptance occurs as stated in section 4-1209 and liability is limited to that provided in this Article. A receiving bank is not the agent of the sender or beneficiary of the payment order it accepts or of any other party to the funds transfer and the bank owes no duty to any party to the funds transfer except as provided in this Article or by express agreement.   [PL 1991, c. 812, §2 (NEW).]SECTION HISTORY PL 1991, c. 812, §2 (NEW).
11 ME Rev Stat § 4-1301 (2021)
2021 Maine Revised Statutes|TITLE 11: UNIFORM COMMERCIAL CODE|Article 4-A: FUNDS TRANSFERS|Part 3: EXECUTION OF SENDER'S PAYMENT ORDER BY RECEIVING BANK|11 §4-1301. Execution and execution date

 §4-1301. Execution and execution date (1).  A payment order is "executed" by the receiving bank when it issues a payment order intended to carry out the payment order received by the bank. A payment order received by the beneficiary's bank can be accepted but can not be executed.   [PL 1991, c. 812, §2 (NEW).] (2).  "Execution date" of a payment order means the day on which the receiving bank may properly issue a payment order in execution of the sender's order. The execution date may be determined by instruction of the sender but can not be earlier than the day the order is received and, unless otherwise determined, is the day the order is received. If the sender's instruction states a payment date, the execution date is the payment date or an earlier date on which execution is reasonably necessary to allow payment to the beneficiary on the payment date.   [PL 1991, c. 812, §2 (NEW).] SECTION HISTORY PL 1991, c. 812, §2 (NEW).
11 ME Rev Stat § 4-1303 (2021)
2021 Maine Revised Statutes|TITLE 11: UNIFORM COMMERCIAL CODE|Article 4-A: FUNDS TRANSFERS|Part 3: EXECUTION OF SENDER'S PAYMENT ORDER BY RECEIVING BANK|11 §4-1303. Erroneous execution of payment order

 §4-1303. Erroneous execution of payment order (1).  A receiving bank that executes the payment order of the sender by issuing a payment order in an amount greater than the amount of the sender's order or issues a payment order in execution of the sender's order and then issues a duplicate order is entitled to payment of the amount of the sender's order under section 4-1402, subsection (3) if that subsection is otherwise satisfied. The bank is entitled to recover from the beneficiary of the erroneous order the excess payment received to the extent allowed by the law governing mistake and restitution.   [PL 1991, c. 812, §2 (NEW).] (2).  A receiving bank that executes the payment order of the sender by issuing a payment order in an amount less than the amount of the sender's order is entitled to payment of the amount of the sender's order under section 4-1402, subsection (3) if that subsection is otherwise satisfied and the bank corrects its mistake by issuing an additional payment order for the benefit of the beneficiary of the sender's order. If the error is not corrected, the issuer of the erroneous order is entitled to receive or retain payment from the sender of the order it accepted only to the extent of the amount of the erroneous order. This subsection does not apply if the receiving bank executes the sender's payment order by issuing a payment order in an amount less than the amount of the sender's order for the purpose of obtaining payment of its charges for services and expenses pursuant to an instruction of the sender.   [PL 1991, c. 812, §2 (NEW).] (3).  If a receiving bank executes the payment order of the sender by issuing a payment order to a beneficiary different from the beneficiary of the sender's order and the funds transfer is completed on the basis of that error, the sender of the payment order that was erroneously executed and all previous senders in the funds transfer are not obliged to pay the payment orders they issued. The issuer of the erroneous order is entitled to recover from the beneficiary of the order the payment received to the extent allowed by the law governing mistake and restitution.   [PL 1991, c. 812, §2 (NEW).] SECTION HISTORY PL 1991, c. 812, §2 (NEW).
11 ME Rev Stat § 4-1304 (2021)
2021 Maine Revised Statutes|TITLE 11: UNIFORM COMMERCIAL CODE|Article 4-A: FUNDS TRANSFERS|Part 3: EXECUTION OF SENDER'S PAYMENT ORDER BY RECEIVING BANK|11 §4-1304. Duty of sender to report erroneously executed payment order

 §4-1304. Duty of sender to report erroneously executed payment order If the sender of a payment order that is erroneously executed as stated in section 4-1303 receives notification from the receiving bank that the order was executed or that the sender's account was debited with respect to the order, the sender has a duty to exercise ordinary care to determine, on the basis of information available to the sender, that the order was erroneously executed and to notify the bank of the relevant facts within a reasonable time not exceeding 90 days after the notification from the bank was received by the sender. If the sender fails to perform that duty, the bank is not obliged to pay interest on any amount refundable to the sender under section 4-1402, subsection (4) for the period before the bank learns of the execution error. The bank is not entitled to any recovery from the sender because the sender failed to perform the duty stated in this section.   [PL 1991, c. 812, §2 (NEW).]SECTION HISTORY PL 1991, c. 812, §2 (NEW).
11 ME Rev Stat § 4-1305 (2021)
2021 Maine Revised Statutes|TITLE 11: UNIFORM COMMERCIAL CODE|Article 4-A: FUNDS TRANSFERS|Part 3: EXECUTION OF SENDER'S PAYMENT ORDER BY RECEIVING BANK|11 §4-1305. Liability for late or improper execution or failure to execute payment order

 §4-1305. Liability for late or improper execution or failure to execute payment order (1).  If a funds transfer is completed but execution of a payment order by the receiving bank in breach of section 4-1302 results in delay in payment to the beneficiary, the bank is obliged to pay interest to either the originator or the beneficiary of the funds transfer for the period of delay caused by the improper execution. Except as provided in subsection (3), additional damages are not recoverable.   [PL 1991, c. 812, §2 (NEW).] (2).  If execution of a payment order by a receiving bank in breach of section 4-1302 results in noncompletion of the funds transfer, failure to use an intermediary bank designated by the originator or issuance of a payment order that does not comply with the terms of the payment order of the originator, the bank is liable to the originator for its expenses in the funds transfer and for incidental expenses and interest losses, to the extent not covered by subsection (1), resulting from the improper execution. Except as provided in subsection (3), additional damages are not recoverable.   [PL 1991, c. 812, §2 (NEW).] (3).  In addition to the amounts payable under subsections (1) and (2), damages, including consequential damages, are recoverable to the extent provided in an express written agreement of the receiving bank.   [PL 1991, c. 812, §2 (NEW).] (4).  If a receiving bank fails to execute a payment order it was obliged by express agreement to execute, the receiving bank is liable to the sender for its expenses in the transaction and for incidental expenses and interest losses resulting from the failure to execute. Additional damages, including consequential damages, are recoverable to the extent provided in an express written agreement of the receiving bank but are not otherwise recoverable.   [PL 1991, c. 812, §2 (NEW).] (5).  Reasonable attorney's fees are recoverable if demand for compensation under subsection (1) or (2) is made and refused before an action is brought on the claim. If a claim is made for breach of an agreement under subsection (4) and the agreement does not provide for damages, reasonable attorney's fees are recoverable if demand for compensation under subsection (4) is made and refused before an action is brought on the claim.   [PL 1991, c. 812, §2 (NEW).] (6).  Except as stated in this section, the liability of a receiving bank under subsections (1) and (2) may not be varied by agreement.   [PL 1991, c. 812, §2 (NEW).] SECTION HISTORY PL 1991, c. 812, §2 (NEW).
11 ME Rev Stat § 4-1401 (2021)
2021 Maine Revised Statutes|TITLE 11: UNIFORM COMMERCIAL CODE|Article 4-A: FUNDS TRANSFERS|Part 4: PAYMENT|11 §4-1401. Payment date

 §4-1401. Payment date "Payment date" of a payment order means the day on which the amount of the order is payable to the beneficiary by the beneficiary's bank. The payment date may be determined by instruction of the sender but can not be earlier than the day the order is received by the beneficiary's bank and, unless otherwise determined, is the day the order is received by the beneficiary's bank.   [PL 1991, c. 812, §2 (NEW).]SECTION HISTORY PL 1991, c. 812, §2 (NEW).