Section 85A:
Drafts drawn by one branch of a bank on another payable to order.
1[85A. Drafts drawn by one branch of a bank on another payable to order.--where any draft, that
is an order to pay money, drawn by one office of a bank upon another office of the same bank for a sum
of money payable to order on demand, purports to be endorsed by or on behalf of the payee, the bank is
discharged by payment in due course.]
Notes:
1. Ins. by Act 25 of 1930, s. 2.