Skip to Navigation | Skip to Main Content | Skip to Site Map

MyFloridaHouse.gov | Flsenate.gov Archives | Mobile Site

Senate Tracker: Sign Up | Login

2013 Florida Statutes

F.S. 670.201
670.201 Security procedure.“Security procedure” means a procedure established by agreement of a customer and a receiving bank for the purpose of:
(1) Verifying that a payment order or communication amending or canceling a payment order is that of the customer; or
(2) Detecting error in the transmission or the content of the payment order or communication.

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.

History.s. 1, ch. 91-70.