Section 21.41. Acceptances  


Latest version.
  • 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.