2010 Pennsylvania Code
Title 13 - COMMERCIAL CODE
Chapter 4A5 - Miscellaneous Provisions
4A504 - Order in which items and payment orders may be charged to account; order of withdrawals from account.

     § 4A504.  Order in which items and payment orders may be charged
                to account; order of withdrawals from account.
        (a)  Priority among obligations paid from account.--If a
     receiving bank has received more than one payment order of the
     sender or one or more payment orders and other items that are
     payable from the sender's account, the bank may charge the
     sender's account with respect to the various orders and items in
     any sequence.
        (b)  Priority among withdrawals from account.--In determining
     whether a credit to an account has been withdrawn by the holder
     of the account or applied to a debt of the holder of the
     account, credits first made to the account are first withdrawn
     or applied.