13 Pa. C.S. § 2205

Current through Pa Acts 2024-53, 2024-56 through 2024-95
Section 2205 - Firm offers

An offer by a merchant to buy or sell goods in a signed record which by its terms gives assurance that it will be held open is not revocable, for lack of consideration, during the time stated or if no time is stated for a reasonable time, but in no event may such period of irrevocability exceed three months; but any such term of assurance on a form supplied by the offeree must be separately signed by the offeror.

13 Pa.C.S. § 2205

Amended by P.L. (number not assigned at time of publication) 2024 No. 41,§ 7, eff. 8/30/2024.
1979 , Nov. 1, P.L. 255, No. 86, § 1, effective 1/1/1980.