13 Pennsylvania Consolidated Statutes Chapter 41 - General Provisions And Definitions

• Chapter Notes
• Section 4101 - Short Title Of Division
  This division shall be known and may be cited as the Uniform Commercial Code, Article 4, Bank Deposits and Collections. (July 9, 1992, P.L.507,...
• Section 4102 - Applicability
  (a) Commercial paper and investment securities.--To the extent that items within this division are also within Division 3 (relating to negotiable instruments) and Division...
• Section 4103 - Variation By Agreement; Measure Of Damages; Action Constituting Ordinary Care
  § 4103. Variation by agreement; measure of damages; action constituting ordinary care. (a) Variation by agreement.--The effect of the provisions of this division may...
• Section 4104 - Definitions And Index Of Definitions
  (a) Definitions.--The following words and phrases when used in this division shall have, unless the context clearly indicates otherwise, the meanings given to them...
• Section 4105 - "Bank"; "Depositary Bank"; "Intermediary Bank"; "Collecting Bank"; "Payor Bank"; "Presenting Bank."
  § 4105. "Bank"; "depositary bank"; "intermediary bank"; "collecting bank"; "payor bank"; "presenting bank." The following words and phrases when used in this division shall...
• Section 4106 - Payable Through Or Payable At Bank; Collecting Bank
  (a) "Payable through" a bank.--If an item states that it is "payable through" a bank identified in the item, the item designates the bank...
• Section 4107 - Separate Office Of A Bank
  A branch or separate office of a bank is a separate bank for the purpose of computing the time within which and determining the...
• Section 4108 - Time Of Receipt Of Items
  (a) Cutoff hour for handling and book entries.--For the purpose of allowing time to process items, prove balances and make the necessary entries on...
• Section 4109 - Delays
  (a) Two-banking-day delay permitted in effort to secure payment.--Unless otherwise instructed, a collecting bank in a good faith effort to secure payment of a...
• Section 4110 - Electronic Presentment
  (a) Definition of "agreement for electronic presentment".-- "Agreement for electronic presentment" means an agreement, clearinghouse rule or Federal Reserve regulation or operating circular, providing...
• Section 4111 - Statute Of Limitations
  An action to enforce an obligation, duty or right arising under this division must be commenced within three years after the cause of action...

Last modified: October 8, 2016