Section 6211 - General license rules(a)License required.--The following persons may engage or continue to engage in this Commonwealth as a principal, employee, agent or broker only as authorized in this chapter and under a license issued by the department:(1) An installment seller.(2) A sales finance company.(3) A collector-repossessor.(b) Term.-- (1) Subject to paragraph (2), unless revoked or suspended under section 6218 (relating to revocation or suspension of license) or otherwise surrendered, a license shall be valid for one year.(2) A license shall expire on October 1 annually, after the license is initially approved or renewed.(c)Transfer or assignment.--A license may not be transferred or assigned.Added by P.L. 1081 2013 No. 98, § 4, eff. 11/27/2014.