§ 47-22-301. Part Definitions

As used in this part: “Account purchase transaction” means an agreement under which a commercial entity sells accounts, instruments, documents, or chattel paper to another commercial entity subject to a discount or fee, regardless of whether the commercial entity has a repurchase obligation related to the transaction; “Acquired” means the obtaining of business records, a […]

§ 47-22-302. Records That Are Considered Records of Regularly Conducted Activity for Evidentiary Purposes

A creditor’s records shall include, but are not limited to, written or electronic records of an original creditor, issuer, or succeeding creditor that have been acquired by the creditor through a contractual agreement, an account purchase transaction or assignment in the creditor’s regularly conducted business and such records are: Incorporated as a business duty into […]