Section 6234 – Waiver of statutory protection prohibited
§ 6234. Waiver of statutory protection prohibited. (a) General rule.–A buyer may not validly waive through an action, agreement or statement any provision of this chapter intended to protect a buyer of a motor vehicle. (b) Choice of law.–A buyer’s waiver of the provisions of this chapter, including any purported waiver effected by a contractual […]
Section 6235 – Effect of license expiration, surrender and revocation on contracts
§ 6235. Effect of license expiration, surrender and revocation on contracts. (a) Effect.–The expiration, surrender or revocation of a license issued under this chapter to an installment seller or sales finance company does not impair or affect the obligation under an installment sale contract entered into lawfully or lawfully acquired by the licensee prior to […]
Section 6236 – Enforcement
§ 6236. Enforcement. (a) When obligation unenforceable.–An obligation of the buyer of a motor vehicle under an installment sale contract that was consummated in this Commonwealth is not enforceable in this Commonwealth if: (1) the installment seller was not licensed under this chapter when the seller entered into the contract; or (2) the holder was […]
Section 6223 – Notice
§ 6223. Notice. (a) Requirement.–An installment sale contract shall contain the notice under subsection (b), which shall be printed directly above the space provided for the signature of the buyer. (b) Form.– (1) Except as provided in paragraph (2), the notice shall be in the following form: NOTICE TO BUYER: Do not sign this contract […]
Section 6224 – Itemization
§ 6224. Itemization. Costs and charges under sections 6222 (relating to contents) and 6242 (relating to other costs included in amount financed) shall be separately itemized in an installment sale contract as to their nature and amounts.
Section 6225 – Disclosure
§ 6225. Disclosure. If an installment seller retains a portion of the charge for a good or service provided by another person, the seller shall disclose that the seller may retain a portion of the charge.
Section 6226 – Heavy commercial motor vehicle
§ 6226. Heavy commercial motor vehicle. (a) Variable finance charge percentage rate.–Notwithstanding any provision of law to the contrary, the finance charge percentage rate included in an installment sale contract for the sale of a heavy commercial motor vehicle may vary during the term of the contract pursuant to a formula or index set forth […]
Section 6227 – Manufactured homes
§ 6227. Manufactured homes. (a) Optional contract provisions.–An installment sale contract for the sale of a manufactured home may: (1) require the buyer to pay real estate taxes that may thereafter be levied upon the manufactured home and furnish the installment seller or holder with proof of payment of real estate taxes in the manner […]
Section 6228 – Prohibited provisions
§ 6228. Prohibited provisions. An installment sale contract may not contain any of the following: (1) Blank spaces to be filled in after the contract has been signed, except regarding serial numbers or other identifying marks that are not available for description of the motor vehicle at the time of execution of the contract. (2) […]
Section 6229 – Transfer
§ 6229. Transfer. (a) Installment seller.–An installment seller of a motor vehicle under an installment sale contract executed in this Commonwealth may not sell, transfer or assign the obligation represented by the contract to a person in this Commonwealth or elsewhere unless the person is licensed as a sales finance company under this chapter. (b) […]