Current through the 2023 Regular Session
Section 30-14-1102 - DefinitionsAs used in this part, unless the context requires otherwise, the following definitions apply:
(1) "Agreement" means any writing that is substantially prepared in advance of a consumer transaction and which a seller, lessor, or lender furnishes to a consumer for the consumer to sign in connection with that transaction.(2) "Consumer" means an individual who borrows money or leases or obtains property or services under a written agreement.(3) "Consumer contract" means an agreement for the sale, lease, or loan of money, property, or services primarily for personal, family, or household purposes.(4) "Seller, lessor, or lender" means a person who regularly sells, lets, or lends in connection with consumer contracts.En. Sec. 2, Ch. 615, L. 1985.