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§ 6111. Liability of licensees

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)
Miscellaneous Laws
Chapter 53. Transmitting Money or Credit (Refs & Annos)
7 P.S. § 6111
§ 6111. Liability of licensees
(a) Every licensee shall be liable for the payment of all moneys covered by transmittal instruments which he issues in this Commonwealth whether directly or through an agent and whether as a maker or a drawer.
(b) Every transmittal instrument sold by a licensee directly or through an agent shall bear the name of the licensee clearly imprinted thereon.

Credits

1965, Sept. 2, P.L. 490, No. 249, § 11.
7 P.S. § 6111, PA ST 7 P.S. § 6111
Current through Act 10 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
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