Advisors Research About Meet PRIA

Pricing Methodology Security Sign in

Support Data Sources Privacy Policy Terms of Service Your Privacy Choiceshello@policyrisk.com

© 2026 PRIA Technologies, LLC. All rights reserved.

PRIA provides educational policy intelligence and is not a source of investment, legal, or financial advice. Content is for informational purposes only.

™

Your Policy Risk Impact Agent

Research

At My Address
Federal Courts
Daily Briefings
Medicare & Social Security
Congressional Bills
Federal Register
Tariffs
Fed Decisions & The Economy
State Tracker
World Watch
U.S. Code
U.S. Constitution

Knowledge

Search Polipedia
Daily Briefings
Calculators
What is Policy Risk?
The Countdown

Company

PRIA for Advisors
About PRIA
Support

Get PRIA

Support Data Sources Privacy Policy Terms of Service Your Privacy Choices

hello@policyrisk.com

© 2026 PRIA Technologies, LLC. All rights reserved.

PRIA is a trademark of PRIA Technologies, LLC.

PRIA provides educational policy intelligence and is not a source of investment, legal, or financial advice. Content is for informational purposes only.

Pennsylvania Statutes, Title 12

™

Your Policy Risk Impact Agent

Pennsylvania/Statutes

← All Pennsylvania coverage

Title 12, COMMERCE AND TRADE

35 chapters · 270 sections in this title.

All chapters in Title 12270 Ch 62, Motor Vehicle Sales Finance59 Ch 63, Goods and Services Installment Sales39 Ch 56, Self-service Storage Facilities19 Ch 51, Voidable Transactions14 Ch 23, Small Business First13 Ch 29, Machinery and Equipment Loans12 Ch 32, Entertainment Economic Enhancement P…12 Ch 30, Pennsylvania Industrial Development …10 Ch 43, Property Assessed Clean Energy Program10 Ch 15, Pennsylvania-Ireland Trade Commission9 Ch 21, Opportunity Grants9 Ch 41, Film Production Grants9 Ch 53, Trade Secrets8 Ch 39, Water Supply and Wastewater Infrastr…7

12 sections·Filtered byTitle 12✕Ch 29✕

12 Pa.C.S. § 2901 Scope
0.2K chars
This chapter relates to the Machinery and Equipment Loan Program. Effective Date. Section 6(1)(i) of Act 12 of 2004 provided that section 2901 shall take effect upon publication of the guidelines required by section 2912.
12 Pa.C.S. § 2902 Definitions
2.4K chars
The following words and phrases when used in this chapter shall have the meanings given to them in this section unless the context clearly indicates otherwise: "Agent." The term includes the Department of Community and Economic Development. "Authority." The Pennsylvania Industria…
12 Pa.C.S. § 2903 Establishment
0.5K chars
There is established a program to be known as the Machinery and Equipment Loan Program. The program shall be administered by the authority and provide loans to business enterprises for machinery and equipment. (Oct. 22, 2014, P.L.2569, No.161, eff. Nov. 1, 2014) Effective Date. S…
12 Pa.C.S. § 2904 Machinery and Equipment Loan Fund
1.1K chars
(a) Creation.--There is created a special account in the Treasury Department, to be known as the Machinery and Equipment Loan Fund, to which shall be credited all program appropriations made by the General Assembly, all proceeds from loan repayments and any and all other deposits…

12 Pa.C.S. § 2905 Eligibility for loans; terms and conditions

3.6K chars

(a) Loans; general rules.--The authority may make advances from the fund, subject to the terms, conditions and restrictions provided under this chapter, for the purpose of making loans to business enterprises involved in industrial processes, mining, manufacturing, production agr…

12 Pa.C.S. § 2906 Application and administration

4.5K chars

(a) Procedures.--Application and administration procedures for fund loans shall be established by the authority under 64 Pa.C.S. § 1121 (relating to common application process). (b) Receipt.--The authority shall receive applications from eligible business enterprises for machiner…

12 Pa.C.S. § 2907 Powers of authority

0.9K chars

The authority shall have and may exercise all powers and authority necessary to the proper administration and implementation of this chapter and shall have the authority to adopt policies, procedures and guidelines and promulgate rules and regulations necessary to effectuate the …

12 Pa.C.S. § 2908 Reporting and inspection

1.0K chars

(a) Inspection.--Each business enterprise which applies for or receives assistance under this chapter shall, upon request, permit authorized employees of the authority or its agent to inspect the plant, books and records of the business enterprise. (b) Updating.--Each business en…

12 Pa.C.S. § 2909 Nondiscrimination (Deleted by amendment)

0.1K chars

2014 Amendment. Section 2909 was deleted by amendment October 22, 2014, P.L.2569, No.161, effective November 1, 2014.

12 Pa.C.S. § 2910 Conflict of interest (Deleted by amendment)

0.1K chars

2014 Amendment. Section 2910 was deleted by amendment October 22, 2014, P.L.2569, No.161, effective November 1, 2014.

12 Pa.C.S. § 2911 Reports to General Assembly

1.3K chars

(a) Annual reports.--On or before September 1 of each year, the authority shall provide a report to the Secretary of the Senate and to the Chief Clerk of the House of Representatives. The report shall describe all relevant activities of the authority pursuant to this chapter and …

12 Pa.C.S. § 2912 Guidelines

0.1K chars

The authority shall develop written guidelines for the implementation of this chapter. (Oct. 22, 2014, P.L.2569, No.161, eff. Nov. 1, 2014)