§ 205. Persons bound by by-laws; execution of instruments
Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 7 P.S. Banks and BankingEffective: December 24, 2012
Effective: December 24, 2012
7 P.S. § 205
§ 205. Persons bound by by-laws; execution of instruments
(b) Without regard to any other form of execution provided in the by-laws, an instrument in writing, or any assignment or endorsement thereof, executed or entered into between an incorporated institution and any person and signed by the president and by the cashier or treasurer of the institution, shall be held to have been properly executed for and in behalf of the institution.
Credits
1965, Nov. 30, P.L. 847, No. 356, § 205. Amended 2012, Oct. 24, P.L. 1336, No. 170, § 10, effective in 60 days [Dec. 24, 2012].
7 P.S. § 205, PA ST 7 P.S. § 205
Current through Act 10 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
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