Pennsylvania Code (Last Updated: April 5, 2016) |
Title 10. BANKING AND SECURITIES |
PART IV. Bureau of Consumer Credit Agencies |
Chapter 55. Financing Sales of Mobile Homes |
Section 55.1. Definitions
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(a) The following words and terms, when used in this chapter, have the following meanings, unless the context clearly indicates otherwise:
ActThe Motor Vehicle Sales Finance Act (69 P. S. § § 601637).
AdministratorThe Department.
HolderA person, including a seller, who is currently entitled to the rights of a seller under an installment sales contract executed under the provisions of the act.
Installment buyerA person who buys or leases a mobile home under an installment sales contract.
Installment sales contractA contract for the retail sale of a mobile home executed under the provisions of the act.(b) The definitions contained in subsection (a) may not be construed to restrict or limit the definitions of the same terms contained in the act.
(c) Words and terms not defined in subsection (a) have the meanings specified in the act.