§ 6-26.1-7. Omitted installments.
A credit card lender may at any time and from time to time unilaterally extend to a borrower under a credit card plan the option of omitting monthly installments.
History of Section.P.L. 2003, ch. 237, § 1.
Structure Rhode Island General Laws
Title 6 - Commercial Law – General Regulatory Provisions
Chapter 6-26.1 - Credit Card Lending
Section 6-26.1-1. - Definitions.
Section 6-26.1-2. - Authorization to make loans — Usury.
Section 6-26.1-3. - Variable rates.
Section 6-26.1-5. - Interest fees and charges.
Section 6-26.1-6. - Overdraft accounts.
Section 6-26.1-7. - Omitted installments.
Section 6-26.1-8. - Insurance.
Section 6-26.1-9. - Delinquent installments.
Section 6-26.1-10. - Attorneys’ fees — Costs.
Section 6-26.1-11. - Amendment of agreement.