Current through Register Vol. 54, No. 25, June 22, 2024
Section 609a.6 - Additional reverification requirements(a) Prior to the issuance of credit to a patron whose credit file has been inactive for a 24-month period, the certificate holder's credit department shall reverify the patron's information, as required under § 609a.3(c)(1)-(5) (relating to application and verification procedures for granting credit).(b) The certificate holder's credit department shall reverify the information required under § 609a.3(a)(2) and (4), in accordance with the procedures in § 609a.3(c)(1) and (4), whenever the certificate holder has reason to believe that this information has changed. This section cited in 58 Pa. Code § 609a.19 (relating to use of an electronic credit system for the processing of Counter Checks and customer deposits).