Section 3--418. Finality of Payment or Acceptance. Except for recovery of bank payments as provided in the Article on Bank Deposits and Collections (Article 4) and except for liability for breach of warranty on presentment under the preceding section, payment or acceptance of any instrument is final in favor of a holder in due course, or a person who has in good faith changed his position in reliance on the payment.
Finality of Payment or Acceptance
N.Y. Uniform Commercial Code Law § 3-418, under Liability of Parties.
N.Y. Uniform Commercial Code Law § 3-418