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§ 6273. Use of unlicensed collector-repossessor

Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 12 Pa.C.S.A. Commerce and TradeEffective: December 1, 2014

Purdon's Pennsylvania Statutes and Consolidated Statutes
Title 12 Pa.C.S.A. Commerce and Trade (Refs & Annos)
Part V. Consumer Credit (Refs & Annos)
Chapter 62. Motor Vehicle Sales Finance (Refs & Annos)
Subchapter F. Penalties and Liability
Effective: December 1, 2014
12 Pa.C.S.A. § 6273
§ 6273. Use of unlicensed collector-repossessor
Currentness
A licensed seller or sales finance company acting as holder of a motor vehicle installment sale contract who hires, authorizes or permits an unlicensed collector-repossessor, as defined in this chapter, to collect payments on the contract or repossess a motor vehicle sold under the contract within this Commonwealth commits a violation of this chapter and shall, upon conviction, be sentenced at the discretion of the court to the following:
(1) Pay a fine of not more than $2,000 for the first offense.
(2) For each subsequent offense, to either or both of the following:
(i) Pay a fine of not more than $2,000.
(ii) Imprisonment for not more than one year.

Credits

2013, Nov. 27, P.L. 1081, No. 98, § 4, effective in one year [Dec. 1, 2014].
12 Pa.C.S.A. § 6273, PA ST 12 Pa.C.S.A. § 6273
Current through Act 11 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
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