2010 Pennsylvania Code
Title 13 - COMMERCIAL CODE
Chapter 35 - Dishonor
3504 - Excused presentment and notice of dishonor.

     § 3504.  Excused presentment and notice of dishonor.
        (a)  Excused presentment.--Presentment for payment or
     acceptance of an instrument is excused if:
            (1)  the person entitled to present the instrument cannot
        with reasonable diligence make presentment;
            (2)  the maker or acceptor has repudiated an obligation
        to pay the instrument or is dead or in insolvency
        proceedings;
            (3)  by the terms of the instrument presentment is not
        necessary to enforce the obligation of indorsers or the
        drawer;
            (4)  the drawer or indorser whose obligation is being
        enforced has waived presentment or otherwise has no reason to
        expect or right to require that the instrument be paid or
        accepted; or
            (5)  the drawer instructed the drawee not to pay or
        accept the draft or the drawee was not obligated to the
        drawer to pay the draft.
        (b)  Excused notice of dishonor.--Notice of dishonor is
     excused if:
            (1)  by the terms of the instrument notice of dishonor is
        not necessary to enforce the obligation of a party to pay the
        instrument; or
            (2)  the party whose obligation is being enforced waived
        notice of dishonor.
     A waiver of presentment is also a waiver of notice of dishonor.
        (c)  Excused delay in notice of dishonor.--Delay in giving
     notice of dishonor is excused if the delay was caused by
     circumstances beyond the control of the person giving the notice
     and the person giving the notice exercised reasonable diligence
     after the cause of the delay ceased to operate.

        Cross References.  Section 3504 is referred to in sections
     3502, 3503 of this title.