Pennsylvania Consolidated Statutes (Last Updated: January 27, 2015) |
Title12 COMMERCE AND TRADE |
PARTV. CONSUMER CREDIT |
CHAPTER63. GOODS AND SERVICES INSTALLMENT SALES |
SUBCHAPTERA. GENERAL PROVISIONS |
§6312. Discharge of obligation.
Latest version.
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Unless a buyer has notice of the actual or intended assignment of a closed-end credit agreement or an open-end credit agreement, payment made by the buyer to the last known holder of the agreement shall, to the extent of the payment, discharge the buyer's obligation.