§12A-4-303.

§12A-4-303.
   
             WHEN ITEMS SUBJECT TO NOTICE, STOP-PAYMENT ORDER,
                                      
               LEGAL PROCESS, OR SETOFF; ORDER IN WHICH ITEMS
                                      
                        MAY BE CHARGED OR CERTIFIED
                                      
   (a) Any knowledge, notice, or stop-payment order received by, legal
   process served upon, or setoff exercised by a payor bank comes too
   late to terminate, suspend, or modify the bank's right or duty to pay
   an item or to charge its customer's account for the item if the
   knowledge, notice, stop-payment order, or legal process is received or
   served and a reasonable time for the bank to act thereon expires or
   the setoff is exercised after the earliest of the following:
   
   (1) The bank accepts or certifies the item;
   
   (2) The bank pays the item in cash;
   
   (3) The bank settles for the item without having a right to revoke the
   settlement under statute, clearing-house rule, or agreement;
   
   (4) The bank becomes accountable for the amount of the item under
   Section 4-302 of this title dealing with the payor bank's
   responsibility for late return of items; or
   
   (5) With respect to checks, a cutoff hour no earlier than one (1) hour
   after the opening of the next banking day after the banking day on
   which the bank received the check and no later than the close of that
   next banking day or, if no cutoff hour is fixed, the close of the next
   banking day after the banking day on which the bank received the
   check.
   
   (b) Subject to subsection (a) of this section, items may be accepted,
   paid, certified, or charged to the indicated account of its customer
   in any order.