State Codes and Statutes

Statutes > Pennsylvania > Title-42 > Chapter-57 > 5748

§ 5748. Maximum premiums. (a) General rule.--No professional bondsman shall charge a premium or compensation for acting as surety on any undertaking in excess of 10% for the first $100, and 5% for each additional $100 of such undertaking. (b) Civil penalty.--In any action brought to recover an overcharge by a professional bondsman, where such overcharge is proved, the professional bondsman shall be liable to pay treble damages therefor and reasonable counsel fees.

State Codes and Statutes

Statutes > Pennsylvania > Title-42 > Chapter-57 > 5748

§ 5748. Maximum premiums. (a) General rule.--No professional bondsman shall charge a premium or compensation for acting as surety on any undertaking in excess of 10% for the first $100, and 5% for each additional $100 of such undertaking. (b) Civil penalty.--In any action brought to recover an overcharge by a professional bondsman, where such overcharge is proved, the professional bondsman shall be liable to pay treble damages therefor and reasonable counsel fees.

State Codes and Statutes

State Codes and Statutes

Statutes > Pennsylvania > Title-42 > Chapter-57 > 5748

§ 5748. Maximum premiums. (a) General rule.--No professional bondsman shall charge a premium or compensation for acting as surety on any undertaking in excess of 10% for the first $100, and 5% for each additional $100 of such undertaking. (b) Civil penalty.--In any action brought to recover an overcharge by a professional bondsman, where such overcharge is proved, the professional bondsman shall be liable to pay treble damages therefor and reasonable counsel fees.