Pennsylvania § 6140 Penalties

Pennsylvania Statutes

§ 6140 — Penalties

Pennsylvania § 6140

JurisdictionPennsylvania

Title 7BANKS AND BANKING

PartPART II

Ch. 61MORTGAGE LOAN INDUSTRY LICENSING AND CONSUMER PROTECTION

Subch.ADMINISTRATIVE AND LICENSURE PROVISIONS

This text of Pennsylvania § 6140 (Penalties) 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

7 Pa. Cons. Stat. § 6140 (2026).

Text

(a)Persons operating without licenses.--A person subject to the provisions of this chapter and not licensed by the department who violates any provision of this chapter or who commits any action which would subject a license to suspension, revocation or nonrenewal under section 6139 (relating to suspension, revocation or refusal) may be fined by the department up to $10,000 for each offense.

(b)Violation by licensee.--A person licensed under this chapter or director, officer, owner, partner, employee, mortgage originator or agent of a licensee who violates a provision of this chapter or who commits any action which would subject the licensee to suspension, revocation or nonrenewal under section 6139 may be fined by the department up to $10,000 for each offense.

Free access — add to your briefcase to read the full text and ask questions with AI

(a) Persons operating without licenses.--A person subject to the provisions of this chapter and not licensed by the department who violates any provision of this chapter or who commits any action which would subject a license to suspension, revocation or nonrenewal under section 6139 (relating to suspension, revocation or refusal) may be fined by the department up to $10,000 for each offense.

(b) Violation by licensee.--A person licensed under this chapter or director, officer, owner, partner, employee, mortgage originator or agent of a licensee who violates a provision of this chapter or who commits any action which would subject the licensee to suspension, revocation or nonrenewal under section 6139 may be fined by the department up to $10,000 for each offense.

Legislative History

(July 2, 2013, P.L.210, No.38, eff. 60 days) 2013 Amendment.Act 38 amended subsec. (b). Cross References.Section 6140 is referred to in section 6112 of this title.