2010 Pennsylvania Code
Title 13 - COMMERCIAL CODE
Chapter 34 - Liability of Parties
3411 - Refusal to pay cashier's checks, teller's checks and certified checks.

     § 3411.  Refusal to pay cashier's checks, teller's checks and
                certified checks.
        (a)  Definition.--As used in this section, the term
     "obligated bank" means the acceptor of a certified check or the
     issuer of a cashier's check or teller's check bought from the
     issuer.
        (b)  Refusal to pay.--If the obligated bank wrongfully:
            (1)  refuses to pay a cashier's check or certified check;
            (2)  stops payment of a teller's check; or
            (3)  refuses to pay a dishonored teller's check;
     the person asserting the right to enforce the check is entitled
     to compensation for expenses and loss of interest resulting from
     the nonpayment and may recover consequential damages if the
     obligated bank refuses to pay after receiving notice of
     particular circumstances giving rise to the damages.
        (c)  Expenses or consequential damages not recoverable under
     certain circumstances.--Expenses or consequential damages under
     subsection (b) are not recoverable if the refusal of the
     obligated bank to pay occurs because:
            (1)  the bank suspends payments;
            (2)  the obligated bank asserts a claim or defense of the
        bank that it has reasonable grounds to believe is available
        against the person entitled to enforce the instrument;
            (3)  the obligated bank has a reasonable doubt whether
        the person demanding payment is the person entitled to
        enforce the instrument; or
            (4)  payment is prohibited by law.