Commercial Law:
Payments
Professor Stephen C. Veltri s-veltri@onu.edu 419-772-2226
Welcome to the study of payments law. In this course,
we will examine the law governing a central component of all commercial exchange,
the transfer of value from one person to another. We will begin by
looking at barter transactions and conclude by examining electronic funds
transfers and other modern payment systems. In between, we will spend
a considerable amount of time on the law of negotiable instruments, a
topic long considered essential to the training of an American lawyer. The
links below will lead you to the course syllabus and other readings. Enjoy
the course and the study of commercial law.
National
Conference of Commissioners on Uniform State Laws
Historic
Negotiable Instruments
Johnson
& Johnson Products, Inc. v. DAL International Trading Company
1933
$20 Double Eagle entry from Wikipedia
75 Fed. Reg. 221 (Jan. 5, 2010) (Elimination of non local checks)
Fischer Mandell LLP v. Citibank
Payment Systems, Board of Governors of the Federal Reserve System
Check Clearing for the 21st Century Act,
Federal Financial Institutions Examination Council