2010 Georgia Code
TITLE 11 - COMMERCIAL CODE
ARTICLE 4A - FUNDS TRANSFERS
PART 2 - ISSUE AND ACCEPTANCE OF PAYMENT ORDER
§ 11-4A-201 - Security procedure
. Security procedure
"Security procedure" means a procedure established by agreement of a customer and a receiving bank for the purpose of (i) verifying that a payment order or communication amending or canceling a payment order is that of the customer, or (ii) 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.
Graham Syfert - Jacksonville Lawyer