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| THE GENERAL ASSEMBLY OF PENNSYLVANIA |
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| HOUSE BILL |
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| INTRODUCED BY MOUL, BEYER, BROWN, COHEN, GEIST, GEORGE, GOODMAN, MANDERINO, ROCK, ROHRER, SIPTROTH AND THOMAS, FEBRUARY 18, 2009 |
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| REFERRED TO COMMITTEE ON COMMERCE, FEBRUARY 18, 2009 |
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| AN ACT |
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1 | Amending Title 13 (Commercial Code) of the Pennsylvania |
2 | Consolidated Statutes, further providing for presentment of |
3 | negotiable instruments. |
4 | The General Assembly of the Commonwealth of Pennsylvania |
5 | hereby enacts as follows: |
6 | Section 1. Section 3501(b) of Title 13 of the Pennsylvania |
7 | Consolidated Statutes is amended by adding a paragraph to read: |
8 | § 3501. Presentment. |
9 | * * * |
10 | (b) Application of certain rules.--The following rules are |
11 | subject to Division 4 (relating to bank deposits and |
12 | collections), agreement of the parties and clearinghouse rules |
13 | and the like: |
14 | * * * |
15 | (5) Notwithstanding any other provisions of law, |
16 | including this title, to the contrary, the drawee may not |
17 | impose a charge or fee as a condition of acceptance if the |
18 | fee reduces the effective face amount of the negotiable |
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1 | instrument. |
2 | Section 2. This act shall take effect in 60 days. |
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