17 Pa.C.S. § 1502
This is the official text of 17 Pa.C.S. § 1502, part of Pennsylvania’s Pa.C.S — part of the compiled statutory law of Pennsylvania, published by the state as "Pa.C.S." Browse the sections below, each linked to its official government source.
Not legal advice. This page reproduces the official text of a government statute for reference only. Laws change, and how a statute applies depends on your specific facts. For advice about your situation, consult a licensed attorney in your state.
Covenants by applicant.
Official statutory text
To conduct business in this Commonwealth, an out-of-State credit union must agree to:
(1) Grant loans at rates not higher than those permitted for credit unions incorporated under this title.
(2) Comply with the same consumer protection provisions that apply to credit unions incorporated under this title.
(3) Accept service of process as contemplated by 42 Pa.C.S. § 5301(a)(2)(i) (relating to persons).
(1) Grant loans at rates not higher than those permitted for credit unions incorporated under this title.
(2) Comply with the same consumer protection provisions that apply to credit unions incorporated under this title.
(3) Accept service of process as contemplated by 42 Pa.C.S. § 5301(a)(2)(i) (relating to persons).
Status: in_force · Read it on the official government site
Need a lawyer in Pennsylvania?
Find a Pennsylvania lawyer
About this page: Statute text is reproduced from official government publishers via the
Open US Law dataset
(Vaquill AI, snapshot v2026.08, CC BY 4.0). Primary legislative text like this is public domain under the government-edicts doctrine
(Georgia v. Public.Resource.Org, 2020). We link every section back to its official source so you can verify it independently.