Section 28-41-301 – GENERAL DEFINITIONS.

28-41-301. GENERAL DEFINITIONS. (1) "Actuarial method" means the method, defined by rules adopted by the administrator, of allocating payments made on a debt between principal or amount financed and loan finance charge or credit service charge pursuant to which a payment is applied first to the accumulated loan finance charge or credit service charge and […]

Section 28-41-302 – FEDERAL CONSUMER CREDIT PROTECTION ACT — DEFINED.

28-41-302. FEDERAL CONSUMER CREDIT PROTECTION ACT — DEFINED. In this act "Federal Consumer Credit Protection Act" means the consumer credit protection act, Public Law 90-321; 82 Stat. 146, as amended, to and including January 1, 2005, or a subsequent date if so defined by administrative rule, and includes regulations issued pursuant to that act, as […]