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§12A-4A-505.


§12A-4A-505.
   
   PRECLUSION OF OBJECTION TO DEBIT OF CUSTOMER'S ACCOUNT
   
   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 (1) one year after the notification
   was received by the customer.
   

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