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§ 2204. Transition provisions

Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 7 P.S. Banks and Banking

Purdon's Pennsylvania Statutes and Consolidated Statutes
Title 7 P.S. Banks and Banking (Refs & Annos)
Banking Code of 1965 (Refs & Annos)
Chapter 22. Effective Date, Repealers and Transition Provisions
7 P.S. § 2204
§ 2204. Transition provisions
(a) Transactions and proceedings commenced under or pursuant to statutes repealed by this act shall be terminated, completed or enforced pursuant to the provisions of such statutes which for such purpose shall remain in full force and effect as to such transactions and proceedings.
(b) Any agreement, transaction or relationship which was valid immediately prior to the effective date of this act and which continues after the effective date of this act shall remain valid although not in compliance with the provisions of this act, except that any affirmative action required by this act which may be legally taken in connection with such agreement, transaction or relationship shall be taken within such reasonable time after the effective date of this act as may be fixed by the department unless the requirement of such action would impair any vested right.

Credits

1965, Nov. 30, P.L. 847, No. 356, § 2204.
7 P.S. § 2204, PA ST 7 P.S. § 2204
Current through 2022 Regular Session Act 40. Some statute sections may be more current, see credits for details.
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