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Pennsylvania · Through 2025-07-08 (Statute Update stamp, 7 Pa.C.S.)

7 Pa.C.S. § 6140: Penalties.

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Where this section sits in the code
  1. Title 7 - BANKS AND BANKING
  2. PART II LICENSING
  3. CHAPTER 61 MORTGAGE LOAN INDUSTRY LICENSING AND CONSUMER PROTECTION
  4. SUBCHAPTER D ADMINISTRATIVE AND LICENSURE PROVISIONS

(a) Persons operating without licenses.--A person subject to the provisions of this chapter and not licensed by the department who violates any provision of this chapter or who commits any action which would subject a license to suspension, revocation or nonrenewal under section 6139 (relating to suspension, revocation or refusal) may be fined by the department up to $10,000 for each offense.

(b) Violation by licensee.--A person licensed under this chapter or director, officer, owner, partner, employee, mortgage originator or agent of a licensee who violates a provision of this chapter or who commits any action which would subject the licensee to suspension, revocation or nonrenewal under section 6139 may be fined by the department up to $10,000 for each offense.

Collected 2026-09-02T16:30:33Z. Source file · JSON

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