§ 6121.1. Electronic funds transfers
Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 7 P.S. Banks and BankingEffective: May 3, 2017
Effective: May 3, 2017
7 P.S. § 6121.1
Formerly cited as PA ST 7 P.S. § 6121
§ 6121.1. Electronic funds transfers
For the purposes of any statute, rule or regulation requiring any payment to be made in lawful money or by check, whether for wages, salaries, commissions or other claims of any kind, the payment may be made by credit to an account in a financial institution, including a payroll card account, authorized to accept deposits or payments if the recipient has authorized the method of payment in writing or electronically.
Credits
1975, Dec. 19, P.L. 604, No. 173, § 1.1, added 2016, Nov. 4, P.L. 1210, No. 161, § 2, effective in 180 days [May 3, 2017].
7 P.S. § 6121.1, PA ST 7 P.S. § 6121.1
Current through Act 13 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
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