The creditor of any account under an open-end credit plan, as defined in 15 USC 1602, as amended from time to time, on which interest aggregating ten dollars or more has been imposed in any calendar year, shall furnish to the obligor of such account, on or before January thirty-first of the following year, a statement of the interest charges so imposed and the aggregate amount paid by such obligor.
(1972, P.A. 17, S. 1; P.A. 73-362, S. 1, 2; P.A. 88-65, S. 57; P.A. 92-12, S. 107; P.A. 15-235, S. 15.)
History: P.A. 73-362 added Subsec. (b); P.A. 88-65 deleted obsolete Subsec. (b) which provided that the first statement of interest was due on January 31, 1974; P.A. 92-12 made a technical change; P.A. 15-235 replaced reference to Sec. 36a-676(a)(8) with reference to 15 USC 1602, effective August 1, 2015.
Structure Connecticut General Statutes
Title 42 - Business, Selling, Trading and Collection Practices
Chapter 739 - Trading Stamps, Mail Orders, Franchises, Credit Programs and Subscriptions
Section 42-126. - Sale of merchandise with trading stamps, coupons or other similar devices.
Section 42-126a. - Trading stamps.
Section 42-127b. - Licensing of persons in business on October 1, 1971.
Section 42-128. - Bond required.
Section 42-130. - Use of terms.
Section 42-132 and 42-133. - Application in case of pretended purchase or assignment. Penalty.
Section 42-133c. - Finance charge applied by retail sellers on open-end credit plans.
Section 42-133d. - Annual statement of interest imposed and paid under open-end credit plan.
Section 42-133e. - Franchises: Definitions.
Section 42-133f. - Termination, or cancellation of, or failure to renew a franchise.
Section 42-133h. - Applicability of sections 42-133e to 42-133g, inclusive.
Section 42-133j. - Legislative finding concerning petroleum product franchises.
Section 42-133k. - Definitions.
Section 42-133m. - Assignment of franchise. Automatic termination.
Section 42-133n. - Remedies. Effect of judgment. Limitation of actions.
Section 42-133r. - Definitions.
Section 42-133u. - Manufacturers or dealers to indemnify franchised dealers.
Section 42-133x. - Effects of a franchise termination, cancellation or nonrenewal.
Section 42-133z. - Refusal to honor succession by family member. Notice.
Section 42-133aa. - Burden of proof for succession refusal on manufacturer or distributor.
Section 42-133bb. - Prohibited acts by manufacturer or distributor re dealer.
Section 42-133cc. - Prohibited acts by manufacturer or distributor.
Section 42-133ee. - Civil action for injunction and damages.
Section 42-133gg. - Sale or transfer of names of credit cardholders.
Section 42-133ii. - Hold on credit or debit card account for the retail sale of gasoline.
Section 42-133mm. - Sale, transfers or assignment of franchisor's interest.