Section 445.863 – Retail Installment Contracts or Charge Agreements; Insurance Included in Cost; Requirements; Minimum Charges; Refunds.
445.863 Retail installment contracts or charge agreements; insurance included in cost; requirements; minimum charges; refunds. Sec. 13. (a) If the cost of insurance is included in the retail installment contract or the retail charge agreement and a separate charge is made to the buyer for the insurance: (1) The contract or agreement shall state the […]
Section 445.864 – Retail Installment Contracts or Charge Agreements; Prohibited Provisions; Denial of Application Based on Geographic Location of Residence Prohibited; Permissible Conduct; Exemption; Contract for Financial Services Not Required; Offer of Combination of Services Not Precluded by Subsection (5).
445.864 Retail installment contracts or charge agreements; prohibited provisions; denial of application based on geographic location of residence prohibited; permissible conduct; exemption; contract for financial services not required; offer of combination of services not precluded by subsection (5). Sec. 14. (1) Any of the following provisions contained in a retail installment contract or retail charge […]
Section 445.865 – Purchase or Acquisition of Retail Installment Contract or Retail Charge Agreement by Assignee; Terms, Conditions, and Price; Evidence of Obligation; Validity of Written Assignment; Notice; Payment to Last Known Holder; Claims and Defenses; Sales to Which Section Applicable.
445.865 Purchase or acquisition of retail installment contract or retail charge agreement by assignee; terms, conditions, and price; evidence of obligation; validity of written assignment; notice; payment to last known holder; claims and defenses; sales to which section applicable. Sec. 15. Notwithstanding the provisions of any other law and notwithstanding any agreement to the contrary: […]
Section 445.865a – Contracts, Agreements, or Other Transactions Considered Made in State; Offer or Agreement to Sell in State; Acceptance or Offer to Buy in State.
445.865a Contracts, agreements, or other transactions considered made in state; offer or agreement to sell in state; acceptance or offer to buy in state. Sec. 15a. (1) For the purposes of this act, a retail installment contract, retail charge agreement, or other retail installment transaction shall be considered to have been made in this state […]
Section 445.858 – Prepayment of Unpaid Balance; Amount of Refund Credit.
445.858 Prepayment of unpaid balance; amount of refund credit. Sec. 8. (1) Notwithstanding contrary provisions of a retail installment contract, a buyer may prepay in full the unpaid balance of the retail installment contract at any time before its final due date and, if the buyer does so, shall receive a refund credit for the […]
Section 445.859 – Installment Contract or Retail Charge Agreement; Delinquency and Collection Charge.
445.859 Installment contract or retail charge agreement; delinquency and collection charge. Sec. 9. The holder of an installment contract or retail charge agreement, or retail charge agreement including a contract subject to section 23, if it so provides, may collect a delinquency and collection charge on each installment in default for a period of more […]
Section 445.860 – Retail Installment Contracts; Statement of Dates, Payments and Unpaid Balances; Receipt.
445.860 Retail installment contracts; statement of dates, payments and unpaid balances; receipt. Sec. 10. Upon written request of the buyer, the holder of a retail installment contract shall give or forward to the buyer a written statement of the dates and amounts of payments and the total amount unpaid under the contract. A buyer shall […]
Section 445.861 – Retail Installment Transactions; Subsequent Purchases; Previous Contracts; Inclusion and Consolidation; New Schedule of Installment Payments.
445.861 Retail installment transactions; subsequent purchases; previous contracts; inclusion and consolidation; new schedule of installment payments. Sec. 11. (a) If, in a retail installment transaction, a retail buyer purchases goods or services from a retail seller from whom he or she has previously purchased goods or services under 1 or more retail installment contracts, and […]
Section 445.862 – Retail Charge Agreement; Delivery of Copy to Buyer; Acknowledgment; Blank Spaces; Statement of Time Price Differential; Notice to Buyer; Periodic Statement; Computation of Time Price Differential; Adjustment of Charges; Attorney’s Fee and Court Costs.
445.862 Retail charge agreement; delivery of copy to buyer; acknowledgment; blank spaces; statement of time price differential; notice to buyer; periodic statement; computation of time price differential; adjustment of charges; attorney’s fee and court costs. Sec. 12. (a) A retail charge agreement shall be in writing and signed by the buyer or the authorized representative […]
Section 445.851 – Retail Installment Sales Act; Short Title.
445.851 Retail installment sales act; short title. Sec. 1. This act shall be known and may be cited as the “retail installment sales act”. History: 1966, Act 224, Eff. Mar. 10, 1967