Canadian Payments Association By-law No. 3 — Payment Items and Automated Clearing Settlement System
Version of section 59 from 2006-03-22 to 2012-08-16:
Marginal note:Remittance of payment items
59 The indirect clearer that is in default shall remit to its clearing agent all payment items that have already been sent to the indirect clearer by the clearing agent that are drawn on or payable by the indirect clearer.
- Date modified: