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§ 114. Defense of usury

Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 15 Pa.C.S.A. Corporations and Unincorporated AssociationsEffective: February 21, 2017

Purdon's Pennsylvania Statutes and Consolidated Statutes
Title 15 Pa.C.S.A. Corporations and Unincorporated Associations (Refs & Annos)
Part I. Preliminary Provisions (Refs & Annos)
Chapter 1. General Provisions (Refs & Annos)
Subchapter A. Preliminary Provisions (Refs & Annos)
Effective: February 21, 2017
15 Pa.C.S.A. § 114
§ 114. Defense of usury
A domestic association other than a business corporation shall be subject to section 1510 (relating to certain specifically authorized debt terms) with respect to obligations, as defined in that section, governed by the laws of this Commonwealth or affecting real property situated in this Commonwealth, to the same extent as if the domestic association were a domestic business corporation.

Credits

2016, Nov. 21, P.L. 1328, No. 170, § 1.2, effective in 90 days [Feb. 21, 2017].
15 Pa.C.S.A. § 114, PA ST 15 Pa.C.S.A. § 114
Current through Act 10 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
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