2012 Pennsylvania Consolidated Statutes
Title 13 - COMMERCIAL CODE
Chapter 41 - General Provisions and Definitions
Section 4102 - Applicability

     § 4102.  Applicability.
        (a)  Commercial paper and investment securities.--To the
     extent that items within this division are also within Division
     3 (relating to negotiable instruments) and Division 8 (relating
     to investment securities), they are subject to the provisions of
     those divisions. If there is conflict, this division governs
     Division 3, but Division 8 governs this division.
        (b)  Law applicable regarding liability of bank with respect
     to items handled.--The liability of a bank for action or
     nonaction with respect to an item handled by it for purposes of
     presentment, payment or collection is governed by the law of the
     place where the bank is located. In the case of action or
     nonaction by or at a branch or separate office of a bank, its
     liability is governed by the law of the place where the branch
     or separate office is located.
     (July 9, 1992, P.L.507, No.97, eff. one year)

        Cross References.  Section 4102 is referred to in section
     1301 of this title.