Del. Code tit. 6 § 4334

Current through 2024 Legislative Session Act Chapter 510

Section 4334 - Establishment of retail installment account authorized; statement of service charges to be furnished to buyer

A retail installment account may be established by the seller upon the request of a buyer or prospective buyer. The statement that "service charges not in excess of those permitted by law will be charged on the outstanding balances from month to month" shall be printed in type no smaller than 8 point in every application form used by the seller and shall be stated to the applicant when such installment accounts are negotiated by telephone.

6 Del. C. § 4334

6 Del. C. 1953, § 4334; 52 Del. Laws, c. 342.;