Pennsylvania Statutes Title 72 P.S. Taxation and Fiscal Affairs § 8710-H. Recapture

In the event that a tax credit or a portion of a tax credit is subject to recapture and the tax credit has been purchased, assigned or transferred, the Commonwealth shall pursue its recapture remedies and rights against the qualified taxpayer that applied for the credit.  No redress shall be sought against an assignee, purchaser or transferee of the tax credit if the assignee, purchaser or transferee acquired the tax credit by way of an arm's-length transaction, for value and without notice of violation, fraud or misrepresentation.