85A. Drafts drawn by one branch of a bank on another payable to order
[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.]
Amendment notes (1)
- Ins . Ins. by Act 25 of 1930, s. 2.