Connecticut § 42-151 Definitions.

Connecticut Statutes

§ 42-151 — Definitions.

Connecticut·Title 42 Business, Selling, Trading and Collection Practices·Ch. 742 Consumer Contracts

The following definitions shall apply in this chapter:

(a)Consumer. A “consumer” is an individual who borrows, leases, buys or obtains money, property or services under a written agreement.

(b)Consumer contract. A written agreement is a “consumer contract,” if:

(1)A consumer enters into the agreement primarily for personal, family or household purposes; and (2) The agreement is one in which the consumer:

(A)Borrows up to twenty-five thousand dollars or receives up to twenty-five thousand dollars in credit from a person who lends money or extends credit in the ordinary course of business; or (B) agrees to pay up to twenty-five thousand dollars to buy or lease personal property or services from a person who is acting in the ordinary course of business; or (C) leases any residential dwell

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The following definitions shall apply in this chapter: (a) Consumer. A “consumer” is an individual who borrows, leases, buys or obtains money, property or services under a written agreement. (b) Consumer contract. A written agreement is a “consumer contract,” if: (1) A consumer enters into the agreement primarily for personal, family or household purposes; and (2) The agreement is one in which the consumer: (A) Borrows up to twenty-five thousand dollars or receives up to twenty-five thousand dollars in credit from a person who lends money or extends credit in the ordinary course of business; or (B) agrees to pay up to twenty-five thousand dollars to buy or lease personal property or services from a person who is acting in the ordinary course of business; or (C) leases any residential dwelling.

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