69 Pa. Stat. § 2203

Current through Pa Acts 2024-53, 2024-56 through 2024-111
Section 2203 - Correction

Notwithstanding the provisions of this article, any failure to comply with any provision of the act may be corrected by the holder in accordance with the provisions of this section, provided that a wilful violation may not be corrected, and a correction which will increase the amount owed by the buyer or the amount of any payment shall not be effective unless the buyer concurs in writing with the correction. If a violation is corrected by the holder in accordance with the provisions of this section, neither the seller nor the holder shall be subject to any penalty under this article. The correction shall be made by delivery to the buyer of a corrected copy of the contract within thirty days of the execution of the original contract by the buyer. Any amount improperly collected from the buyer shall be credited against the indebtedness evidenced by the contract.

69 P.S. § 2203

1966, Special Sess. No. 1, Oct. 28, P.L. 55, art. XII, § 1203.