Current through Pa Acts 2024-53, 2024-56 through 2024-92
Section 2202 - Specific repealersExcept as provided in section 2204, the following acts and parts of acts and all amendments thereof are hereby repealed to the extent specified:
(a) The act approved May 15, 1933 (P.L. 624) entitled, as amended, "An act relating to the business of banking, and to the exercise of fiduciary powers by corporations; providing for the organization of corporations with fiduciary powers, and of banking corporations, with or without fiduciary powers, including the conversion of National banks into State banks, and for the licensing of private bankers and employes' mutual banking associations; defining the rights, powers, duties, liabilities, and immunities of such corporations, of existent corporations authorized to engage in a banking business, with or without fiduciary powers, of private bankers and employes' mutual banking associations, and of the officers, directors, trustees, shareholders, attorneys, and other employes of all such corporations, employes' mutual banking associations or private bankers, or of affiliated corporations, associations, or persons; restricting the exercise of banking powers by any other corporation, association, or person, and of fiduciary powers by any other corporation; conferring powers and imposing duties upon the courts, prothonotaries, recorders of deeds, and certain State departments, commissions, and officers; imposing penalties; and repealing certain acts and parts of acts", absolutely;(b)Sections 301 , 401A, 401C, 401E, 402B, 501B, 501C, 503A, 503C and 1011A of the act approved May 15, 1933 (P.L. 565), entitled "An act relating to the powers and duties of the Department of Banking and the Secretary of Banking in exercising supervision over, and taking possession of and conducting or liquidating the business and property of, corporations, associations, and persons receiving deposits or otherwise transacting a banking business, corporations acting as fiduciaries, and building and loan associations; providing for the payment of the expenses of the Department of Banking by supervised corporations, associations, or persons, and appropriating the Banking Department Fund; authorizing the Department of Banking, under certain circumstances, to examine corporations, associations, or persons affiliated, or having business transactions with supervised corporations, associations or persons; authorizing appeals to the Supreme Court, and prescribing and limiting the powers and duties of certain other courts and their prothonotaries, registers of wills, recorders of deeds, and certain State departments, commissions, and officers; authorizing certain local public officers and State departments to collect fees for services rendered under this act; providing penalties; and repealing certain acts and parts of acts," as applicable to banks, bank and trust companies, trust companies, savings banks, private banks and employes' mutual banking associations, in the case of sections 401A, C and E, 402B, 503A, 503C and 1011A of that act; as applicable to the Secretary of Banking, a deputy examiner, clerk or other employe of the Department of Banking, or a deputy receiver or other employe of the Secretary of Banking as receiver in relationships with banks, bank and trust companies, trust companies, savings banks, private banks and employes' mutual banking associations, in the case ofsection 301 of that act; and as applicable to the Banking Board to the extent inconsistent with this act in the case of sections 501B and 501C;(c) The act approved May 15, 1933 (P.L. 796) entitled, as amended, "An act providing for the preservation of the records or photographic film reproductions, or photographic or photostatic copies thereof, of banks, bank and trust companies, trust companies, savings banks, private banks, employes' mutual banking associations, and national banking associations; providing that such photographic film reproductions or photographic or photostatic copies shall be admissible in evidence equally and with the same force and effect as the original records; providing a means for the final adjustment and settlement of depositors' accounts; and imposing penalties for violations", absolutely;(d) The act approved August 21, 1953 (P.L. 1253), entitled "An act authorizing minors to open and maintain bank accounts, and fixing the rights and duties of minors, the minors' parents or guardians, and the depository bank with respect thereto", absolutely; and(e) As much of the last paragraph of section 1 of the act of June 8, 1923, (P.L. 685), entitled "An act prescribing the fees for the office of Secretary of the Commonwealth", as authorizes or requires a determination by the Secretary of the Commonwealth that papers to be received or filed by him are in accordance with law, insofar as it relates to banks, bank and trust companies, trust companies, savings banks, private banks and employes' mutual banking associations.(f) The act of May 31, 1893 (P.L. 188, No. 138) entitled, as amended, "An act designating the days and half days to be observed as legal holidays, and for the payment, acceptance, and protesting of bills, notes, drafts, checks, and other negotiable paper on such days is hereby repealed to the extent it provides for the designation of legal holidays with respect to banking institutions."(g) All other acts and parts of acts inconsistent with section 113 are hereby repealed to the extent they provide for the designation of legal holidays with respect to banking institutions.1965, Nov. 30, P.L. 847, No. 356, § 2202. Amended 1975, July 30, P.L. 108, No. 56, § 6, imd. effective.