2012 Pennsylvania Consolidated Statutes
Title 13 - COMMERCIAL CODE
Chapter 41 - General Provisions and Definitions
Section 4105 - "Bank"; "depositary bank"; "intermediary bank"; "collecting bank"; "payor bank"; "presenting bank."

     § 4105.  "Bank"; "depositary bank"; "intermediary bank";
                "collecting bank"; "payor bank"; "presenting bank."
        The following words and phrases when used in this division
     shall have the meanings given to them in this section:
        "Bank."  A person engaged in the business of banking,
     including a savings bank, savings and loan association, credit
     union or trust company.
        "Collecting bank."  A bank handling an item for collection
     except the payor bank.
        "Depositary bank."  The first bank to take an item even
     though it is also the payor bank unless the item is presented
     for immediate payment over the counter.
        "Intermediary bank."  A bank to which an item is transferred
     in course of collection except the depositary or payor bank.
        "Payor bank."  A bank that is the drawee of a draft.
        "Presenting bank."  A bank presenting an item except a payor
     bank.
     (July 9, 1992, P.L.507, No.97, eff. one year; June 8, 2001,
     P.L.123, No.18, eff. July 1, 2001)

        2001 Amendment.  Act 18 amended the intro. par.
        Cross References.  Section 4105 is referred to in sections
     3103, 4104 of this title.