§ 6331. Establishment.
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/pa/title-12/chapter-63/6331A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§ 6331. Establishment.
(a)Seller.-- A seller may enter into an open-end credit agreement upon the request of a buyer or prospective buyer.
(b)Financing agency.-- Subject to the other provisions of this chapter, a financing agency may enter into an open-end credit agreement on behalf of a seller from whom the financing agency may, with the buyer's consent, purchase or acquire the buyer's indebtedness, to be paid according to the agreement.
12c6332s