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2019 Pennsylvania Consolidated Statutes
Title 12 - COMMERCE AND TRADE
Chapter 63 - Goods and Services Installment Sales
Section 6314 - Acknowledgment of payment in full
Universal Citation: 12 PA Cons Stat § 6314 (2019)
§ 6314. Acknowledgment of payment in full.
Upon a buyer's request and after the payment of all sums for which the buyer is obligated under a closed-end credit agreement or an open-end credit agreement, the holder shall deliver or mail to the buyer at the buyer's last known address an instrument that:
(1) Acknowledges that the obligation of the buyer under the agreement has been paid in full.
(2) Releases all security in the goods under the agreement.
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