PRINTER'S NO. 1131
No. 1029 Session of 1987
INTRODUCED BY PITTS, FOX, PHILLIPS, E. Z. TAYLOR, CAWLEY,
PERZEL, VROON, TRELLO, FLICK, FARGO, GODSHALL, FISCHER,
SEMMEL, JOHNSON AND MORRIS, APRIL 7, 1987
REFERRED TO COMMITTEE ON JUDICIARY, APRIL 7, 1987
AN ACT
1 Amending Title 66 (Public Utilities) of the Pennsylvania
2 Consolidated Statutes, further providing a criminal penalty
3 for activities by unlicensed brokers; and requiring a public
4 information program on brokerage licenses.
5 The General Assembly of the Commonwealth of Pennsylvania
6 hereby enacts as follows:
7 Section 1. Section 2505 of Title 66 of the Pennsylvania
8 Consolidated Statutes is amended by adding a subsection to read:
9 § 2505. Licenses and financial responsibility required of
10 brokers.
11 * * *
12 (e) Penalty.--A person who violates this section commits a
13 misdemeanor of the third degree and shall, upon conviction for a
14 first offense, be sentenced to a fine not to exceed $1,000 or to
15 imprisonment of not more than six months, or both, and, upon
16 conviction of a second offense, be sentenced to a fine not to
17 exceed $2,000 or to imprisonment for a term of six months to one
18 year, or both.
1 Section 2. Title 66 is amended by adding a section to read:
2 § 2510. Information to the public.
3 The commission shall establish a program to assure extensive
4 continuing publicity for the provisions of this chapter,
5 specifically with respect to the need for broker licensing.
6 Section 3. This act shall take effect in 60 days.
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