PRINTER'S NO. 2835
No. 2247 Session of 1991
INTRODUCED BY HERMAN, VEON, KRUSZEWSKI, GERLACH, FARGO, STABACK, ARMSTRONG, BILLOW, E. Z. TAYLOR, TRELLO, JOHNSON AND KENNEY, DECEMBER 9, 1991
REFERRED TO COMMITTEE ON BUSINESS AND COMMERCE, DECEMBER 9, 1991
AN ACT 1 Amending the act of June 28, 1947 (P.L.1110, No.476), entitled 2 "An act defining and regulating certain installment sales of 3 motor vehicles; prescribing the conditions under which such 4 sales may be made and regulating the financing thereof; 5 regulating and licensing persons engaged in the business of 6 making or financing such sales; prescribing the form, 7 contents and effect of instruments used in connection with 8 such sales and the financing thereof; prescribing certain 9 rights and obligations of buyers, sellers, persons financing 10 such sales and others; limiting incidental charges in 11 connection with such instruments and fixing maximum interest 12 rates for delinquencies, extensions and loans; regulating 13 insurance in connection with such sales; regulating 14 repossessions, redemptions, resales and deficiency judgments 15 and the rights of parties with respect thereto; authorizing 16 extensions, loans and forbearances related to such sales; 17 authorizing investigations and examinations of persons 18 engaged in the business of making or financing such sales; 19 prescribing penalties and repealing certain acts," further 20 providing for repossession. 21 The General Assembly of the Commonwealth of Pennsylvania 22 hereby enacts as follows: 23 Section 1. Section 23 of the act of June 28, 1947 (P.L.1110, 24 No.476), known as the Motor Vehicle Sales Finance Act, is 25 amended by adding a subsection to read: 26 Section 23. Repossession.--
1 * * * 2 C.1. Prior to repossessing a motor vehicle which is located 3 on the premises of or in proximity to a repair garage or body or 4 paint shop, or is otherwise not in the possession of the owner 5 of the vehicle, the repossessor shall notify in writing the 6 owner or manager of the repair garage or body or paint shop, or 7 the other person reasonably believed to be in possession of the 8 vehicle, that the vehicle is being repossessed. 9 * * * 10 Section 2. This act shall take effect in 60 days. F11L12MRD/19910H2247B2835 - 2 -