An extender of credit shall not divide a consumer credit transaction into multiple agreements for the purpose of obtaining a higher credit service charge, loan finance charge, or any other additional fee or charge permitted by this Chapter.
R.S. 9:3535 active rs title
Use of multiple agreements ACTIVE
Actions
References
None.
Cited by
None.
History
- enactment Acts 1972, No. 454, §1, eff. Jan. 1, 1973
- amendment Acts 1997, No. 50, §1