Pennsylvania Code (Last Updated: April 5, 2016) |
Title 37. LAW |
PART V. Bureau of Consumer Protection |
Chapter 305. Loan Broker Trade Practices |
Section 305.4. Waiver of rights
Latest version.
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A waiver of this chapter by a borrower prior to or at the time of entering into an agreement with a loan broker is contrary to public policy and is void. An attempt by a loan broker to have a borrower waive his rights under this chapter shall be deemed to be fraudulent conduct under section 201-2(4)(xvii) of the Unfair Trade Practices and Consumer Protection Law (73 P. S. § 201-2(4)(xvii)).