§ 309. Replacement checks
Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 72 P.S. Taxation and Fiscal AffairsEffective: July 2, 2012
Effective: July 2, 2012
72 P.S. § 309
Formerly cited as PA ST 72 P.S. § 308.1
§ 309. Replacement checks
(a) Upon presentation for payment of any check to the Treasury Department which is more than one hundred and eighty days and not more than one year old, the Treasury Department shall requisition and issue a replacement check to the person entitled thereto from each of the various funds. All reportable Commonwealth checks which have not been presented for payment in excess of one year from the date of issuance shall be delivered to the custodial control of the State Treasurer as abandoned or unclaimed property and shall be disposed of under Article XIII.1.1
(b) The Treasury Department as of January 1, 1972, and on each July 1 thereafter, shall take credit on its books and calculate as cash to the credit of the proper funds all amounts held in State depositories or otherwise for the payment of nonreportable checks which on said dates had been issued for a period of one year or more and which had not been presented for payment.
Credits
1929, April 9, P.L. 343, No. 176, art. III, § 309, added 1972, June 30, P.L. 717, No. 165, § 1, imd. effective. Amended 1986, May 2, P.L. 145, No. 45, § 3, imd. effective; 2012, July 2, P.L. 823, No. 87, § 3, imd. effective.
Footnotes
72 P.S. § 1301.1 et seq.
72 P.S. § 309, PA ST 72 P.S. § 309
Current through Act 10 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
| End of Document |