Home Table of Contents

§ 6256. Buyer's liability for costs

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 E. Repossession
Effective: December 1, 2014
12 Pa.C.S.A. § 6256
§ 6256. Buyer's liability for costs
Currentness
If repossession of a motor vehicle subject to an installment sale contract is effected other than by legal process, the buyer shall be liable for costs incurred by the holder in retaking, storing and repairing the motor vehicle only if:
(1) The default exceeds 15 days at the time of repossession.
(2) The costs are actual, necessary and reasonable, excluding repossession costs for services by an individual who is a regular full-time employee of the holder.
(3) The costs are supported by receipts or other satisfactory evidence of payment.
(4) The records of the holder show detailed information as to the nature and amount of each cost, the date of payment and the recipient of the payment.

Credits

2013, Nov. 27, P.L. 1081, No. 98, § 4, effective in one year [Dec. 1, 2014].
12 Pa.C.S.A. § 6256, PA ST 12 Pa.C.S.A. § 6256
Current through Act 11 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
End of Document