Pennsylvania § 6235 - Effect of license expiration, surrender and revocation on contracts.
Full text of Pennsylvania Pennsylvania Consolidated Statutes § 6235 — Effect of license expiration, surrender and revocation on contracts., with citation guidance and answers to common questions.
§ 6235. Effect of license expiration, surrender and revocation on contracts.
(a) Effect.--The expiration, surrender or revocation of a license issued under this chapter to an installment seller or sales finance company does not impair or affect the obligation under an installment sale contract entered into lawfully or lawfully acquired by the licensee prior to the effective date of the expiration, surrender or revocation of the license.
(b) Charges by holder prohibited.--A holder of an installment sale contract forfeits the right to charge, contract for, receive or collect refinance charges authorized by this chapter for renewal of the contract, if the holder's license has expired, was surrendered or was revoked prior to the date of the renewal.
(c) Sale, transfer and assignment of contracts.--A licensee whose license has expired, was surrendered or was revoked may sell, transfer or assign contracts entered into or acquired prior to the expiration, surrender or revocation to a licensed sales finance company, which may renew the contracts in accordance with the provisions of this chapter.
(d) Prohibitions regarding contracts.--A licensee whose license has expired, was surrendered or was revoked may not:
(1) enter into new contracts for the retail sale of motor vehicles under installment sale contracts; or
(2) discount, purchase or otherwise acquire the new contracts.
Source: official Pennsylvania text · Last verified 2026-08-27
Frequently Asked Questions About Pennsylvania § 6235
What does Pennsylvania Consolidated Statutes § 6235 cover?
Section 6235 ("Effect of license expiration, surrender and revocation on contracts.") is part of the Pennsylvania Consolidated Statutes, the codified statutory law of Pennsylvania. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Pennsylvania § 6235?
A common citation format is "Pennsylvania Consolidated Statutes § 6235" (Pennsylvania). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Pennsylvania law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Pennsylvania official source linked on this page or consult a licensed Pennsylvania attorney.
How does Pennsylvania § 6235 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Pennsylvania can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Pennsylvania.