Delaware Statutes

§ 4342 — Notes cutting off buyer’s right of action or defense against seller prohibited

Delaware·Title 6·Ch. 43 RETAIL INSTALLMENT SALES·Subch. Retail Installment Accounts
No retail installment account shall require or entail the execution of any note or series of notes by the buyer which, when separately negotiated, will cut off as to third parties, any right of action or defense which the buyer may have against the seller.

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Delaware § 4342 (Notes cutting off buyer’s right of action or defense against seller prohibited) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

6 Del. C. 1953, § 4342; 52 Del. Laws, c. 342.

Nearby Sections

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