California Codes
Cal. Commercial Code § 11505 (2026)
✓ current as of May 2026
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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 year after the notification was received by the customer.
Notes of Decisions
Cited in 2
cases (2 in the last 5 years), 2022–2022 · leading case: Solarmore Mgt. Servs., Inc. v. Bankr. Est. of DC Solar Solutions (E.D. Cal. 2022).
Solarmore Mgt. Servs., Inc. v. Bankr. Est. of DC Solar Solutions (E.D. Cal. 2022). “16 Com. Code § 11505. Under the Commercial Code one receives 17 notice when “it is delivered in a form reasonable under the 18 circumstances at the place of business through which the 19 contract was made or at another location held out by that person 20 as the place for receipt…”
Ld Mgmt. LLC v. First Repub. Bank, Inc. (D.N.J. 2022). “Cal. Com. Code § 11505 (California version of UCC 4A-505).”
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