63 Pa. Stat. § 734.5.1

Current through P.A. Acts 2023-32
Section 734.5.1 - Registration of trading assistants and trading assistant companies.
(a) Requirement for registration.--It shall be unlawful for an individual to act as a trading assistant, or for any legally recognized entity to act as a trading assistant company, without either first registering with or obtaining licensure from the board. A legally recognized entity conducting business as a trading assistant must register as a trading assistant company even though a member or officer is registered as a trading assistant. Registration is required on a biennial basis and renewal shall be due on the last day of February of each odd year.
(b)Application.--Application for registration under this section shall include the following:
(1) The name of the applicant, the business and the physical location where the business will be conducted.
(2) The date the applicant will begin accepting goods for sale through an online trading assistant consignment sale transaction.
(3) The applicant's Pennsylvania tax identification number.
(4) The applicant's e-mail address.
(c) Fee.--A registration fee of $100 shall be included with each application for registration or renewal. The fee may be established by the board by regulation.
(d) Renewal.--It is the duty of all registrants to renew the registration biennially with the board and to pay the fee for each biennial registration.
(e)Self-affirming affidavit.--An application for an initial or renewal registration shall include a preprinted self- affirming affidavit, to be signed by the applicant under the penalty of perjury, attesting to the truth and accuracy of the allegations set forth in the application.

63 P.S. § 734.5.1

Added by P.L. TBD 2016 No. 88, § 5, eff. 9/18/2016.