70C-1-102. Purposes — Rules of construction. (1) This title shall be liberally construed and applied to promote its underlying purposes and policies. (2) The underlying purposes and policies of this title are: (a) to further consumer understanding of the terms of credit transactions and to foster competition among suppliers of consumer credit so that consumers […]
70C-1-103. General principles of law apply — Treatment of charge or fee. (1) Unless displaced by the particular provisions of this title, the Uniform Commercial Code and the principles of law and equity, including without limitation the law relative to capacity to contract, principal and agent, estoppel, fraud, misrepresentation, duress, coercion, mistake, and bankruptcy shall […]
70C-1-105. Limitations by other laws not displaced. This title does not displace limitations on powers an organization is authorized to exercise under the laws of this state or the United States. Enacted by Chapter 159, 1985 General Session
70C-1-106. Determination of interest rate. For purposes of determining the interest rate allowed by the laws of this state under Section 85 of the National Bank Act and Sections 521 and 522 of the Depository Institutions Deregulation and Monetary Control Act of 1980, all finance charges, all fees charged for participation in a credit plan, […]
