760

The seller or the holder shall be bound to serve notice to the buyer for the failure of payment of any installment and of the corresponding charge for delay in payment at the shortest possible time and before the next installment falls due. History —June 19, 1964, No. 68, p. 192, added as § 220 on May 31, 1972, No. 78, p. 171, § 14, eff. 180 days after May 31, 1972.