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Section 6314 - Acknowledgment of payment in full — Pennsylvania Law | CourtGPT
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  6. Section 6314 - Acknowledgment of payment in full
Pennsylvania Legal Code

Section 6314 - Acknowledgment of payment in full

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Upon a buyer's request and after the payment of all sums for which the buyer is obligated under a closed-end credit agreement or an open-end credit agreement, the holder shall deliver or mail to the buyer at the buyer's last known address an instrument that: (1) Acknowledges that the obligation of the buyer under the agreement has been paid in full. (2) Releases all security in the goods under the agreement.