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Stop Payment Order (on your check): Any signatory on an account has the right to stop payment on a check issued against the account, regardless of which authorized signer signed the check. At most, the court stated, Natoli's issuance of the stop payment order constituted an attempted revocation of her purchase offer. A payment order instructs a bank to take funds out of the payor's account and send the funds to the bank maintaining the account of a trading partner. |
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