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§ 232.3. Definitions

Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 73 P.S. Trade and CommerceEffective: January 2, 2007

Purdon's Pennsylvania Statutes and Consolidated Statutes
Title 73 P.S. Trade and Commerce (Refs & Annos)
Chapter 5A. Price Gouging Act (Refs & Annos)
Effective: January 2, 2007
73 P.S. § 232.3
§ 232.3. Definitions
The following words and phrases when used in this act shall have the meanings given to them in this section unless the context clearly indicates otherwise:
“Chain of distribution.” All parties involved in the sale and resale of consumer goods and services, including any manufacturer, supplier, wholesaler, distributor or retail seller.
“Consumer goods or services.” Those items used, bought or rendered primarily for personal, family or household purposes.
“Replacement cost.” The term includes:
(1) acquisition costs;
(2) costs that are a result of a contract where consumer goods or services are priced on a formula that references published market prices;
(3) the actual cost of replacing goods or services being sold; or
(4) the reasonably contemplated cost of replacing goods or services being sold based on information available at the time of the increase in price.
“Unconscionably excessive.” A price is unconscionably excessive when the amount charged represents a gross disparity between the price of the consumer goods or services and the price at which the consumer goods or services were sold or offered for sale within the chain of distribution in the usual course of business seven days immediately prior to the state of disaster emergency.

Credits

2006, Oct. 31, P.L. 1210, No. 133, § 3, effective in 60 days [Jan. 2, 2007].
73 P.S. § 232.3, PA ST 73 P.S. § 232.3
Current through Act 10 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
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