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LAWW 53103. Payment Systems. 3 Hours.

This course summarizes and explains the fundamental law applicable to a broad variety of current payment systems. Coverage includes issues of liability, transfer, holder in due course status, and check collection applicable to negotiable instruments (checks, notes, drafts) governed by UCC Articles 3 and 4, as well as letters of credit and documents of title governed by UCC Articles 5 and 7. The course further examines the rights, obligations, and federal protection applicable to credit and debit cards. Finally, it addresses recent legal developments in regard to a variety of electronic fund transfers, prepaid cards and digital currencies. (Typically offered: Irregular)

J.D. Admissions and Courses

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Priority application deadline is April 1, but the school will review all applications on a rolling basis after that date. The school does not charge an application fee. Admission is only for the fall of each year, and only a full-time program is offered.