Ohio Code § 1304.68
Ohio Code § 1304.68. Reproduced from the official Ohio Revised Code, with a citation summary, verification link, and related provisions.
§ 1304.68.
(A) 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 cannot be
executed. (B) “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 cannot 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.
Source: official Ohio text · Last verified 2026-08-27
At a glance
- Citation: Ohio Revised Code § 1304.68
- Jurisdiction: Ohio
- Code: Ohio Revised Code
- Text: transcribed from the official source (verify below)
Verify the text
Statute text is transcribed from the official Ohio Revised Code. Confirm it against the primary source before relying on it:
Not legal advice. Verify against the official source and consult a licensed Ohio attorney.
Common questions
What is the source of Ohio Revised Code § 1304.68?
The text above is transcribed from the Ohio Revised Code, the codified statutes of Ohio. The official publisher link appears under "Verify the text" on this page.
What subject does Ohio Revised Code § 1304.68 address?
It addresses the rule set out in the section text. Read the section together with the surrounding provisions listed under "Nearby provisions" for the full picture.
Is Ohio Revised Code § 1304.68 still in force?
Statutes are amended, repealed, and renumbered every session. Confirm the current version at the official Ohio source before relying on this text.
Can this page be used as legal advice?
No. This is a reference transcription for research. Applying Ohio law to your facts requires a licensed Ohio attorney who can review the specifics.