Pennsylvania Statutes
§ 7508 — Warranties of collecting bank as to documents of title
Pennsylvania § 7508
This text of Pennsylvania § 7508 (Warranties of collecting bank as to documents of title) is published on Counsel Stack Legal Research, covering Pennsylvania primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
13 Pa. Cons. Stat. § 7508 (2026).
Text
A collecting bank or other intermediary known to be entrusted with documents of title on behalf of another or with collection of a draft or other claim against delivery of documents warrants by the delivery of the documents only its own good faith and authority even if the collecting bank or other intermediary has purchased or made advances against the claim or draft to be collected.
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Legislative History
Cross References.Section 7508 is referred to in section 7507 of this title.
Nearby Sections
9
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Bluebook (online)
Pennsylvania § 7508, Counsel Stack Legal Research, https://law.counselstack.com/statute/pa/13/7508.