Section 307.10. Effect of preapproval

(a) A consumer contract preapproved by the Office of Attorney General is considered by this Office to comply with the PLA. Preapproval of a contract will be considered by the Office of Attorney General as a good faith effort to comply with section 8(a)(3) of the PLA (73 P. S. § 2208(a)(3)).

(b) Note the limited effect of preapproval under the PLA. Plain language approval of the wording and format of a contract, or any writing required to complete a consumer transaction, does not mean or imply that its contents are approved by the Office of Attorney General. An oral or written reference to plain language approval must be accompanied by the following statement:

‘‘In the opinion of the Office of Attorney General, a preapproved consumer contract meets the Test of Readability under 73 P. S. § 2205 of the Plain Language Consumer Contract Act. Preapproval of a consumer contract by the Office of Attorney General only means that simple, understandable and easily readable language is used. It is not an approval of the contents or legality of the contract.’’