UCC Article 4: Uniform Commercial Code Article 4 governs bank deposits and collections, providing rules for banking transactions and account operations
EFTA: Electronic Fund Transfer Act establishes the basic rights, liabilities, and responsibilities of consumers who use electronic fund transfer services
Federal Reserve Regulation E: Provides consumer protection for electronic fund transfers, establishing rules for authorization and disclosure requirements
USA PATRIOT Act: Requires financial institutions to verify customer identity and maintain appropriate records for account authorization
Bank Secrecy Act: Requires financial institutions to assist government agencies in detecting and preventing money laundering through proper documentation
KYC Requirements: Know Your Customer protocols that financial institutions must follow to verify the identity of their clients and assess potential risks
State Power of Attorney Laws: State-specific regulations governing how power of attorney is granted and exercised for banking transactions
Uniform Power of Attorney Act: Provides standardized rules for power of attorney across adopting states, including banking and financial matters
Gramm-Leach-Bliley Act: Federal law requiring financial institutions to explain their information-sharing practices and protect sensitive customer data
State Privacy Laws: State-specific regulations governing the protection and handling of personal financial information
Fraud Prevention Statutes: Federal and state laws designed to prevent fraudulent banking activities and unauthorized account access
State Notarization Requirements: State-specific rules regarding the notarization of banking documents and authorization letters
