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Instruments executed in satisfaction of abolished claims prohibited - 23 Pa. Cons. Stat. § 1905

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     § 1905.  Instruments executed in satisfaction of abolished
                claims prohibited.
        (a)  Contracts and instruments void.--All contracts and
     instruments of every kind executed within this Commonwealth in
     payment, satisfaction, settlement or compromise of any claim or
     cause of action abolished or barred by this chapter, whether the
     claim or cause of action arose within or without this
     Commonwealth, are contrary to the public policy of this
     Commonwealth and void.
        (b)  Execution and use prohibited.--It is unlawful to cause,
     induce or procure a person to execute a contract or instrument
     proscribed by this chapter, or cause, induce or procure a person
     to give, pay, transfer or deliver any money or thing of value in
     payment, satisfaction, settlement or compromise of any such
     claim or cause of action, or to receive, take or accept any such
     money or thing of value in such payment, satisfaction,
     settlement or compromise.
        (c)  Actions to enforce prohibited.--It is unlawful to
     commence or cause to be commenced, either as litigant or
     attorney, in a court of this Commonwealth any proceeding or
     action seeking to enforce or recover upon a contract or
     instrument proscribed by this chapter, knowing it to be such,
     whether the contract or instrument was executed within or
     without this Commonwealth.
        (d)  Exceptions.--This section does not apply to the payment,
     satisfaction, settlement or compromise of any causes of action
     which are not abolished or barred by this chapter or to the bona
     fide holder in due course of a negotiable instrument.

Last modified: November 27, 2007