Pennsylvania Code
Pennsylvania Code & Bulletin
COMMONWEALTH OF PENNSYLVANIA

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The Pennsylvania Code website reflects the Pennsylvania Code changes effective through 54 Pa.B. 488 (January 27, 2024).

10 Pa. Code § 39.2. Motor Vehicle Sales Finance Company License.

§ 39.2. Motor Vehicle Sales Finance Company License.

 (a)  An association shall first adopt a mobile home financing plan by proper resolution of its board of directors, which resolution shall authorize the appropriate officers of the association to obtain a Motor Vehicle Sales Finance Company License from the Consumer Credit Bureau, Department of Banking, Education Building, Harrisburg, Pennsylvania 17120.

 (b)  An association shall then apply for and obtain a Motor Vehicle Sales Finance Company License from the Consumer Credit Bureau of the Department of Banking of the Commonwealth.

Cross References

   This section cited in 10 Pa. Code §  39.3 (relating to limitations); 10 Pa. Code §  39.4 (relating to inventory financing); and 10 Pa. Code §  39.6 (relating to retail purchase money financing).


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