Pennsylvania § 1502 Covenants by applicant

Pennsylvania Statutes

§ 1502 — Covenants by applicant

Pennsylvania § 1502

Title 17CREDIT UNIONS

Ch. 15OUT-OF-STATE CREDIT UNIONS

This text of Pennsylvania § 1502 (Covenants by applicant) is published on Counsel Stack Legal Research, covering Pennsylvania primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

17 Pa. Cons. Stat. § 1502 (2026).

Text

To conduct business in this Commonwealth, an out-of-State credit union must agree to:

(1)Grant loans at rates not higher than those permitted for credit unions incorporated under this title.

(2)Comply with the same consumer protection provisions that apply to credit unions incorporated under this title.

(3)Accept service of process as contemplated by 42 Pa.C.S. § 5301(a)(2)(i) (relating to persons).

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To conduct business in this Commonwealth, an out-of-State credit union must agree to:

(1) Grant loans at rates not higher than those permitted for credit unions incorporated under this title.

(2) Comply with the same consumer protection provisions that apply to credit unions incorporated under this title.

(3) Accept service of process as contemplated by 42 Pa.C.S. § 5301(a)(2)(i) (relating to persons).

Nearby Sections

3

§ 1501

Authorization to do business

§ 1502

Covenants by applicant

§ 1503

Supervision by department

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Bluebook (online)

Pennsylvania § 1502, Counsel Stack Legal Research, https://law.counselstack.com/statute/pa/17/1502.