(a) General rule.--
(1) The department shall not be required to receive or file any document or paper unless the same shall be accompanied by the proper fee, but the department may in its discretion permit the filing of any document or paper without first requiring payment of the fee required by this subchapter when satisfied that the fee will be paid promptly. If any such fee is not paid in the manner and within the time prescribed by regulation of the department, the filing to which such fee relates shall become void.
(2) With respect to filings under 13 Pa.C.S. Div. 9 (relating to secured transactions), paragraph (1) is subject to 13 Pa.C.S. ยงยง 9516 (relating to what constitutes filing; effectiveness of filing) and 9520 (relating to acceptance and refusal to accept record).
(b) Extension of credit.--The department may make provision by regulation for the extension of credit to persons dealing with it. Any person who shall fail or refuse to satisfy any indebtedness owing to the Commonwealth under this subchapter in the manner and within the time prescribed by regulation adopted pursuant to this subsection shall pay to the Commonwealth, in addition to the principal amount of such indebtedness and interest thereon, liquidated damages in the amount of $500.
(June 8, 2001, P.L.123, No.18, eff. July 1, 2001)
2001 Amendment. Act 18 amended subsec. (a).
Structure Pennsylvania Consolidated & Unconsolidated Statutes
Pennsylvania Consolidated & Unconsolidated Statutes
Title 15 - CORPORATIONS AND UNINCORPORATED ASSOCIATIONS
Chapter 1 - General Provisions
Section 101 - Short title and application of title
Section 103 - Subordination of title to regulatory laws
Section 104 - Equitable remedies
Section 106 - Effect of filing papers required to be filed
Section 108 - Change in location or status of registered office provided by agent
Section 109 - Name of commercial registered office provider in lieu of registered address
Section 110 - Supplementary general principles of law applicable
Section 111 - Relation of title to Electronic Signatures in Global and National Commerce Act
Section 112 - Receipt of electronic communications
Section 113 - Delivery of document
Section 114 - Defense of usury
Section 131 - Application of subchapter
Section 132 - Functions of Department of State
Section 133 - Powers of Department of State
Section 134 - Docketing statement
Section 135 - Requirements to be met by filed documents
Section 136 - Processing of documents by Department of State
Section 137 - Court to pass upon rejection of documents by Department of State
Section 138 - Statement of correction
Section 139 - Tax clearance of certain fundamental transactions
Section 140 - Custody and management of orphan corporate and business records
Section 141 - Abandonment of filing before effectiveness
Section 142 - Effect of signing filings
Section 143 - Liability for inaccurate information in filing
Section 144 - Signing and filing pursuant to judicial order
Section 145 - Subsistence certificate
Section 151 - Short title and application of subchapter
Section 154 - Enforcement and collection
Section 155 - Disposition of funds
Section 161 - Domestication of certain alien associations
Section 162 - Contingent domestication of certain alien associations (Repealed)