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§6:969.1. Short title

RS 6:969.1 – Short title This Chapter shall be known and may be cited as the "Louisiana Motor Vehicle Sales Finance Act". Acts 1999, No. 794, §1, eff. July 2, 1999.

§6:969.2. Scope

RS 6:969.2 – Scope A. Subject to the provisions of Subsections B and C of this Section, the parties to a motor vehicle credit transaction may agree that the law of the place where the motor vehicle credit transaction is entered into or the law of the residence of the consumer shall apply. B. Whenever […]

§6:969.3. Exclusions

RS 6:969.3 – Exclusions A. Except as provided in Subsection B of this Section, this Chapter does not apply to any of the following: (1) Extensions of credit to business entities, including government or governmental agencies or instrumentalities. (2) Extensions of credit primarily for business, commercial, or agricultural purposes. (3) Open-end credit transactions, including without […]

§6:969.4. Waiver, agreement to forego rights

RS 6:969.4 – Waiver, agreement to forego rights A consumer may not waive or agree to forego rights or benefits under this Chapter except that a claim, if disputed in good faith, may be settled by compromise, agreement, or arbitration. Acts 1999, No. 794, §1, eff. July 2, 1999.

§6:969.6. Definitions

RS 6:969.6 – Definitions As used in this Chapter: (1) "Administrator" means any person, except an employee of an administrator, who directly or indirectly solicits or effects coverage of, underwrites, collects charges or premiums from, or adjusts or settles claims on residents of this state in connection with debt waiver or debt forgiveness agreements. (2) […]

§6:969.7. Terms; construction; additional fees and charges

RS 6:969.7 – Terms; construction; additional fees and charges A. As a general rule of construction, persons may look to comparable rules, definitions, and principles under the Federal Truth in Lending Act, 15 U.S.C. 1601 et seq., and Regulation Z of the Board of Governors of the Federal Reserve System, 12 C.F.R. 226.1 et seq., […]

§6:969.8. Construction against implicit repeal

RS 6:969.8 – Construction against implicit repeal This Chapter being a general act intended as a unified coverage of its subject matter, no part of it shall be deemed impliedly repealed by subsequent legislation if such construction can reasonably be avoided. Acts 1999, No. 794, §1, eff. July 2, 1999.