Purchases of retail installment contract or retail charge account by sales finance company; terms, conditions and price

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17:16C-47.1. Purchases of retail installment contract or retail charge account by sales finance company; terms, conditions and price

A sales finance company may purchase a retail installment contract or obligations incurred pursuant to a retail charge account from a retail seller or sales finance company on such terms and conditions and for such price as may be mutually agreed upon.

L.1971, c. 409, s. 19.


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