Current through Register Vol. 54, No. 24, June 15, 2024
Section 307.5 - ExclusionsThe PLA excludes certain contracts from its application as stated under section 4 of the PLA (73 P. S. § 2204). The exclusions include:
(1) Real estate conveyance documents and contracts, deeds and mortgages, real estate certificates of title and title insurance contracts.(2) Consumer contracts involving amounts of more than $50,000.(4) Contracts to buy securities.(5) Documents used by financial institutions, which financial institutions are subject to examination or other supervision by Federal or State regulatory authorities, or documents used by affiliates, subsidiaries or service corporations of the financial institutions.(6) Contracts for insurance or insurance policies.(7) Contracts subject to examination or other supervision by the Pennsylvania Public Utility Commission or by the Federal Energy Regulatory Commission.