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Pennsylvania · Through 2026-08-31 (Statute Update stamp, 12 Pa.C.S.)

12 Pa.C.S. § 6314: Acknowledgment of payment in full.

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Where this section sits in the code
  1. Title 12 - COMMERCE AND TRADE
  2. PART V CONSUMER CREDIT
  3. CHAPTER 63 GOODS AND SERVICES INSTALLMENT SALES
  4. SUBCHAPTER A GENERAL PROVISIONS

Upon a buyer's request and after the payment of all sums for which the buyer is obligated under a closed-end credit agreement or an open-end credit agreement, the holder shall deliver or mail to the buyer at the buyer's last known address an instrument that:

(1) Acknowledges that the obligation of the buyer under the agreement has been paid in full.

(2) Releases all security in the goods under the agreement.

Collected 2026-09-02T16:30:58Z. Source file · JSON

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