Pennsylvania Code
Title 10 - BANKING AND SECURITIES
Part V - Pawnbrokers
Chapter 61 - GENERAL PROVISIONS
Section 61.4 - Partnerships

Universal Citation: 10 PA Code ยง 61.4

Current through Register Vol. 54, No. 12, March 23, 2024

(a) A license issued to a partnership shall automatically expire when one of the partners dies or withdraws from the partnership. A new license shall be obtained immediately by the surviving partners desiring to continue the business which had been conducted under the expired license. A new license shall also be required when one or more new partners are admitted to a partnership.

(b) Any change in a partnership occurring during a license year and requiring a new license shall require the payment of a new license fee.

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