NettetThe Owner Trustee shall use its best efforts to maintain the effectiveness of all licenses required under the Pennsylvania Motor Vehicle Sales Finance Act in connection with the transactions contemplated by the Transaction Documents until the lien and security interest of the Indenture shall no longer be in effect in accordance with its terms. Nettet997, 1002.) ―The act replaced the 1945 Automobile Sales Act and was designed to provide a more comprehensive protection for the unsophisticated motor vehicle customer.‖ (Hernandez v. Atlantic Finance Co. (1980) 105 Cal.App.3d 65, 69 (Hernandez).) The act was ―clearly designed to protect the purchaser of a motor
Section 6202 - Definitions, 12 Pa. C.S. § 6202 - Casetext
NettetGeneral. Authority. The provisions of this Chapter 41 issued under section 12 of the Consumer Discount Company Act (7 P. S. § 6212), unless otherwise noted. Source. The provisions of this Chapter 41 adopted March 3, 1978, effective March 4, 1978, 8 Pa.B. 483; amended June 20, 1986, effective June 21, 1986, 16 Pa.B. 2211, unless … Nettet11. feb. 2016 · A Q&A guide to consumer finance regulation in Pennsylvania. This Q&A addresses state-specific laws governing the offering and sale of consumer financial products and services, including credit ... biweekly template excel
Pennsylvania Motor Vehicle Sales Finance Act Licenses
NettetSales finance company means that term as defined in section 2 of the motor vehicle sales finance act, MCL 492.102. Motor Vehicles means motor vehicles, tractors, trailers and other like property, whether or not the title thereto is … NettetA new or used motor vehicle, excluding a recreational vehicle, that is: (1) a truck or truck tractor having a manufacturer's gross vehicular weight of 13,000 pounds or more; or. (2) a semitrailer or trailer designed for use in combination with a truck or truck tractor. "Holder." An installment seller or a sales finance company with the rights ... Nettetmail on April 15, 2013, and that notice of the sale of the vehicle on June 13, 2013, within one week of the sale held on June 6, 2013, was sent to Defendant. (Plaintiff Exhibit Nos.5, 9). Additionally, we find that it is the provisions of the Motor Vehicle Sales Finance Act (MVSFA), in particular, Sections dateless standing liberty quarter