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§ 500-404. Buyer rewards prohibited

Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 73 P.S. Trade and Commerce

Purdon's Pennsylvania Statutes and Consolidated Statutes
Title 73 P.S. Trade and Commerce (Refs & Annos)
Chapter 14. Home Improvement Finance Act (Refs & Annos)
Article IV. Miscellaneous
73 P.S. § 500-404
§ 500-404. Buyer rewards prohibited
Currentness
(a) As part of or in connection with the inducement to enter any home improvement installment contract, no person shall promise or offer to pay, credit or allow to any buyer, any compensation or reward for the procurement of a home improvement installment contract with others.
(b) No person shall offer, deliver, pay, credit or allow to the buyer, any gift, bonus, award, merchandise, trading stamps, or cash loan as an inducement to enter into a home improvement installment contract.
(c) A contractor or financing agency may give tangible items to prospective buyers for advertising or sales promotion purposes where the gift is not conditioned upon obtaining a home improvement installment contract; provided no such item shall exceed a cost value of two dollars fifty cents ($2.50), and no buyer or other person shall receive more than one such item in connection with any one sale.

Credits

1963, Aug. 14, P.L. 1082, art. IV, § 404.
73 P.S. § 500-404, PA ST 73 P.S. § 500-404
Current through Act 10 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
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