Pennsylvania Code (Last Updated: April 5, 2016) |
Title 10. BANKING AND SECURITIES |
PART II. Bureau of Banks |
Chapter 21. General Provisions for All State-Chartered BankingInstitutions |
Section 21.41. Acceptances
Latest version.
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An institution may accept drafts drawn upon it, under the provisions set forth in section 308(a) of the Banking Code of 1965 (7 P. S. § 308(a)), having not more than 270 days sight to run from the time of acceptance.
The provisions of this § 21.41 adopted April 14, 1978, 8 Pa.B. 1101.