2010 Pennsylvania Code
Title 13 - COMMERCIAL CODE
Chapter 34 - Liability of Parties
3409 - Acceptance of draft; certified check.

     § 3409.  Acceptance of draft; certified check.
        (a)  Definition of "acceptance".--"Acceptance" means the
     drawee's signed agreement to pay a draft as presented. It must
     be written on the draft and may consist of the drawee's
     signature alone. Acceptance may be made at any time and becomes
     effective when notification pursuant to instructions is given or
     the accepted draft is delivered for the purpose of giving rights
     on the acceptance to any person.
        (b)  Acceptance of incomplete, overdue or dishonored draft.--
     A draft may be accepted although it has not been signed by the
     drawer, is otherwise incomplete, is overdue or has been
     dishonored.
        (c)  Failure to date acceptance of sight draft.--If a draft
     is payable at a fixed period after sight and the acceptor fails
     to date the acceptance, the holder may complete the acceptance
     by supplying a date in good faith.
        (d)  Definition of "certified check".--"Certified check"
     means a check accepted by the bank on which it is drawn.
     Acceptance may be made as stated in subsection (a) or by a
     writing on the check which indicates that the check is
     certified. The drawee of a check has no obligation to certify
     the check, and refusal to certify is not dishonor of the check.

        Cross References.  Section 3409 is referred to in sections
     3103, 4104, 5102 of this title.

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