Search OpenLegislation Statutes

This entry was published on 2014-09-22
The selection dates indicate all change milestones for the entire volume, not just the location being viewed. Specifying a milestone date will retrieve the most recent version of the location before that date.
Creditor relationship
General Business (GBS) CHAPTER 20, ARTICLE 15
§ 254. Creditor relationship. Without limiting the scope of section
two hundred fifty-three, there shall be a rebuttable presumption that
the creditor shall have knowingly participated in or shall have been
directly connected with a consumer sale if:

(a) the creditor is a person related to the seller; or

(b) the seller prepared forms or documents used to evidence or secure
the consumer loan; or

(c) the creditor supplied forms to the seller which were used by the
consumer to apply for, evidence or secure the consumer loan.