Current through Register Vol. 54, No. 25, June 22, 2024
Section 113.12 - Loan procedures(a) In advance of a loan settlement, the OSFC's comptroller shall issue two-party checks which shall list the volunteer company and a lending institution, apparatus equipment manufacturer or dealer, construction company or other interested party, as identified by the OSFC, as the payees of the loan check.(b) Loan settlements will be conducted at either the OSFC's Harrisburg office or area offices or at another location as determined at the sole discretion of the OSFC. The OSFC will set the dates and times for loan settlements.The provisions of this § 113.12 adopted December 18, 1992, effective 12/19/1992, 22 Pa.B. 6019.