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§ 46a-2-108 — West Virginia Law | CourtGPT
  1. Home/
  2. Laws/
  3. West Virginia/
  4. Chapter 46a - West Virginia Consumer Credit and Protection Act/
  5. Article 2 - Consumer Credit Protection§46a-2-101. Holders of Negotiable Instruments Subject to Claims and Defenses/
  6. § 46a-2-108
West Virginia Legal Code

§ 46a-2-108

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In addition to contracting for a security interest pursuant to the provisions on security in sales or leases, a seller or issuer of a seller credit card in a consumer credit sale may secure the debt arising from the sale by contracting for a security interest in other property if as a result of a prior sale the seller or issuer of a seller credit card has an existing security interest in the other property and such debts are consolidated. The seller or issuer of a seller credit card may also contract for a security interest in the property sold in the subsequent sale as security for the previous debt if such debts are consolidated.