(a) Exemption from liability.-- A sales finance company licensed under this chapter and engaged in the purchase, sale, assignment, securitization or servicing of installment sale contracts may not be held liable under this chapter for either of the following: (1) Excessive markups of charges by installment sellers. (2) A failure to disclose under section 6221(e) (relating to requirements). (b) Federal status preserved.-- This section does not affect the liability of a sales finance company that is a holder under the Federal Trade Commission Act (38 Stat. 717, 15 U.S.C. § 41 et seq.). CHAPTER 63 GOODS AND SERVICES INSTALLMENT SALES Subchapter A. General Provisions B. Closed-end Credit Agreements C. Open-end Credit Agreements D. Costs and Charges E. Enforcement and Penalties SUBCHAPTER A GENERAL PROVISIONS Sec. 6301. Scope of chapter. 6302. Definitions. 6303. Waiver. 6304. Applicability. 6305. Prohibited activities and provisions. 6306. Assignment. 6307. Venue. 6308. Attorney fees and costs. 6309. Repossession; acceleration; right to cure. 6310. Lien. 6311. Validity. 6312. Discharge of obligation. 6313. Prepayment of obligation. 6314. Acknowledgment of payment in full.
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