Delaware Statutes
§ 2910 — Deferred installments
Delaware·Title 5·Part Other Businesses Under Jurisdiction of State Banking Department·Ch. 29 FINANCING THE SALE OF MOTOR VEHICLES
A holder may at any time or from time to time permit a buyer to defer installment payments due under the terms of a retail installment contract and may, in connection with such deferral, charge and collect deferral charges and may also require payment by such buyer of the additional cost to the holder of premiums for continuing in force, until the end of such period of deferral, any insurance coverage provided in connection with the contract.
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Legislative History
5 Del. C. 1953, § 2909; 52 Del. Laws, c. 335, § 1 ; 63 Del. Laws, c. 2, § 13 ; 70 Del. Laws, c. 6, § 14
Nearby Sections
15
§ 2901
Definition of terms§ 2903
Renewal of license§ 2905
Filing of complaints§ 2906
Powers of Commissioner§ 2908
Finance charge§ 2909
Prepayment§ 2910
Deferred installments§ 2911
Penalties§ 2913
Disclosure requirements