Utah Code § 70A-4a-210

(1) A payment order is rejected by the receiving bank by a notice of rejection transmitted to the
sender orally or in a record. A notice of rejection need not use any particular words and is
sufficient if it indicates that the receiving bank is rejecting the order or will not execute or
pay the order. Rejection is effective when the notice is given if transmission is by a means
that is reasonable in the circumstances. If notice of rejection is given by a means that is not
commercially reasonable, rejection is effective when the notice is received. If an agreement of
the sender and receiving bank establishes the means to be used to reject a payment order:
(a) any means complying with the agreement is commercially reasonable; and
(b) any means not complying is not commercially reasonable unless no significant delay in
receipt of the notice resulted from the use of the noncomplying means.
(2) This subsection applies if a receiving bank other than the beneficiary's bank fails to execute a
payment order despite the existence on the execution date of a withdrawable credit balance
in an authorized account of the sender sufficient to cover the order. If the sender does not
receive notice of rejection of the order on the execution date and the authorized account of the
sender does not bear interest, the bank is obliged to pay interest to the sender on the amount
of the order for the number of days elapsing after the execution date to the earlier of the day
the order is canceled pursuant to Section 70A-4a-211 or the day the sender receives notice or
learns that the order was not executed, counting the final day of the period as an elapsed day.
If the withdrawable credit balance during that period falls below the amount of the order, the
amount of interest is reduced accordingly.
(3) If a receiving bank suspends payments, all unaccepted payment orders issued to the bank are
deemed rejected at the time the bank suspends payments.
(4) Acceptance of a payment order precludes a later rejection of the order. Rejection of a payment
order precludes a later acceptance of the order.

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