12 Pa.C.S. § 6314
Acknowledgment of payment in full
Pennsylvania · Pennsylvania Consolidated Statutes Title 12 — COMMERCE AND TRADE · Status: effective
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- 12 Pa.C.S. § 6314, Acknowledgment of payment in full, Pennsylvania, version 1 as recorded 2026-09-27, yourstate.us, https://yourstate.us/provision/1379487
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Full text
Upon a buyer's request and after the payment of all sums for which the buyer is obligated under a closed-end credit agreement or an open-end credit agreement, the holder shall deliver or mail to the buyer at the buyer's last known address an instrument that:
(1) Acknowledges that the obligation of the buyer under the agreement has been paid in full.
(2) Releases all security in the goods under the agreement.