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

12 Pa.C.S. § 6331: Establishment.

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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 C OPEN-END CREDIT AGREEMENTS

(a) Seller.--A seller may enter into an open-end credit agreement upon the request of a buyer or prospective buyer.

(b) Financing agency.--Subject to the other provisions of this chapter, a financing agency may enter into an open-end credit agreement on behalf of a seller from whom the financing agency may, with the buyer's consent, purchase or acquire the buyer's indebtedness, to be paid according to the agreement.

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

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