Skip to main content

Idaho Statutes Title 28. Commercial Transactions § 28-4-636. Preclusion of objection to debit of customer's account

Welcome to FindLaw's Cases & Codes, a free source of state and federal court opinions, state laws, and the United States Code. For more information about the legal concepts addressed by these cases and statutes, visit FindLaw's Learn About the Law.

If a receiving bank has received payment from its customer with respect to a payment order issued in the name of the customer as sender and accepted by the bank, and the customer received notification reasonably identifying the order, the customer is precluded from asserting that the bank is not entitled to retain the payment unless the customer notifies the bank of the customer's objection to the payment within one (1) year after the notification was received by the customer.

Cite this article: FindLaw.com - Idaho Statutes Title 28. Commercial Transactions § 28-4-636. Preclusion of objection to debit of customer's account - last updated January 01, 2023 | https://codes.findlaw.com/id/title-28-commercial-transactions/id-st-sect-28-4-636/


FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.

Was this helpful?

Thank you. Your response has been sent.

Copied to clipboard