7 Pa. Stat. § 6216.1
Current through Pa Acts 2024-53, 2024-56 through 2024-92
Advertisement by use of a negotiable check, money order, draft, or other instrument which may be used for the transfer of funds is restricted, unless (i) the instrument is negotiable for not more than six (6) months, and the consumer is advised to destroy the instrument if it is not going to be negotiated, and (ii) the solicitation, or any document physically attached to the solicitation, prominently contains the following statement in ten-point print:
"THIS IS A SOLICITATION FOR A LOAN--READ THE ENCLOSED DISCLOSURES BEFORE SIGNING THIS CHECK!"
7 P.S. § 6216.1