New Jersey Law Revision Commission
New Jersey Law Revision Commission

Projects

Projects

UCC Article 4A (Funds Transfers)

Superseding previously enacted Report - proposed the updating of the Article in response to changes in federal law. Without the modification, after February of 2013, a fund transfer initiated by a remittance transfer would have been entirely outside the coverage of Article 4A, even if the remittance transfer is not an electronic fund transfer, and would not have been covered by either law.

Statute: L. 2013, c. 65


Final Report of 09/21/2012

Final Report