§ 361-c-1

361-C:1 Definitions. – In this chapter, 'retail installment contract or evidence of indebtedness' means any contract or evidence of indebtedness arising out of: I. A retail installment sale in which the goods purchased are used primarily for personal, household or family purposes; or II. A loan or extension of credit payable in installments, or for which a finance charge is or may be imposed, in which the proceeds of the loan or extension of credit are used primarily for personal, household or family purposes. Source. 1975, 123:1, eff. July 5, 1975.