12 Pa. Cons. Stat. § 6211

 General license rules.

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SUBCHAPTER B

LICENSES

 

Sec.

6211.  General license rules.

6212.  Initial license application.

6213.  Bond.

6214.  License fees.

6215.  License certificate.

6216.  License renewal.

6217.  Refusal to issue license or license renewal.

6218.  Revocation or suspension of license.

6219.  Multiple places of business.

§ 6211.  General license rules.

(a)  License required.--The following persons may engage or continue to engage in this Commonwealth as a principal, employee, agent or broker only as authorized in this chapter and under a license issued by the department:

(1)  An installment seller.

(2)  A sales finance company.

(3)  A collector-repossessor.

(b)  Term.--

(1)  Subject to paragraph (2), unless revoked or suspended under section 6218 (relating to revocation or suspension of license) or otherwise surrendered, a license shall be valid for one year.

(2)  A license shall expire on October 1 annually, after the license is initially approved or renewed.

(c)  Transfer or assignment.--A license may not be transferred or assigned.