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§ 1502. Covenants by applicant

Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 17 Pa.C.S.A. Credit Unions

Purdon's Pennsylvania Statutes and Consolidated Statutes
Title 17 Pa.C.S.A. Credit Unions (Refs & Annos)
Chapter 15. Out-of-State Credit Unions
17 Pa.C.S.A. § 1502
§ 1502. Covenants by applicant
To conduct business in this Commonwealth, an out-of-State credit union must agree to:
(1) Grant loans at rates not higher than those permitted for credit unions incorporated under this title.
(2) Comply with the same consumer protection provisions that apply to credit unions incorporated under this title.
(3) Accept service of process as contemplated by 42 Pa.C.S. § 5301(a)(2)(i) (relating to persons).

Credits

1990, Dec. 19, P.L. 834, No. 198, § 302, effective in two months.
17 Pa.C.S.A. § 1502, PA ST 17 Pa.C.S.A. § 1502
Current through Act 10 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
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