Bill
HB 1276
An Act amending Title 13 (Commercial Code) of the Pennsylvania Consolidated Statutes, in short title and general matters, further providing for applicability and choice of law; in security entitlements, further providing for property interest of entitlement holder in financial asset held by securities intermediary and for priority among security interests and entitlement holders; and, in perfection and priority, further providing for law governing perfection and priority of security interests in investment property.
2025-2026 Regular Session
Introduced by Aaron Bernstine and 1 co-sponsor
HB 1276 updates Pennsylvania commercial law governing securities intermediaries and investment property to clarify ownership rights and priority claims among competing financial interests.
Referred to Commerce