PRINTER'S NO. 313
THE GENERAL ASSEMBLY OF PENNSYLVANIA
INTRODUCED BY EICHELBERGER, FOLMER, RAFFERTY AND WHITE, FEBRUARY 1, 2013
REFERRED TO BANKING AND INSURANCE, FEBRUARY 1, 2013
1Amending Title 13 (Commercial Code) of the Pennsylvania
2Consolidated Statutes, in transfers of funds, further
3providing for exclusion of consumer transactions governed by
4Federal law; and making an editorial change.
9§ 4A102. Subject matter.
10Except as otherwise provided in section 4A108 (relating to
11[exclusion of consumer transactions governed by Federal law]
12relationship to Electronic Fund Transfer Act), this division
13applies to funds transfers defined in section 4A104 (relating to
14funds transfer; definitions).
1any part of which is governed by the Electronic Fund Transfer
2Act [of 1978 (Title XX, Public Law 95-630, 92 Stat. 3728]
3(Public Law 95-630, 15 U.S.C. § 1693 et seq.)[, as amended from
4time to time].
5(b) Applicability.--This division applies to a funds
6transfer that is a "remittance transfer" as defined in section
7919(g)(2) and (3) of the Electronic Fund Transfer Act (15 U.S.C.
8§ 1693o-1(g)(2) and (3)), unless the remittance transfer is an
9"electronic fund transfer" as defined in section 903(7) of the
10Electronic Fund Transfer Act (15 U.S.C. § 1693A(7)).
11(c) Inconsistency.--In a funds transfer to which this
12division applies, in the event of an inconsistency between an
13applicable provision of this division and an applicable
14provision of the Electronic Fund Transfer Act, the provision of
15the Electronic Fund Transfer Act governs to the extent of the
17Section 2. This act shall take effect immediately.