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§ 6271. Operating without license

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. § 6271
§ 6271. Operating without license
Currentness
(a) Prohibition; penalty.--An entity or individual under subsection (b) engaging in business in this Commonwealth as an installment seller, sales finance company or collector-repossessor without having obtained a license under this chapter commits a violation of this chapter and shall, upon conviction, be sentenced at the discretion of the court to either or both of the following:
(1) Pay a fine of not less than $2,000 nor more than $10,000.
(2) Imprisonment for not more than three years.
(b) Applicability.--Subsection (a) applies to the following:
(1) A person, partnership, association, business corporation, financial institution, nonprofit corporation, common law trust, joint stock company or any other group of individuals, however organized.
(2) An owner, partner, member, officer, director, trustee, employee, agent, broker or representative of an entity under paragraph (1).

Credits

2013, Nov. 27, P.L. 1081, No. 98, § 4, effective in one year [Dec. 1, 2014].
12 Pa.C.S.A. § 6271, PA ST 12 Pa.C.S.A. § 6271
Current through Act 11 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
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