North Carolina Statutes
§ 25A-3 — "Payable in installments" defined
North Carolina·Ch. 25A Retail Installment Sales Act
A debt is "payable in installments" when the buyer is required or permitted by agreement to make payment in more than four installments, excluding a down payment, and whether or not a finance charge is imposed by the seller. (1971, c. 796, s. 1.)
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Nearby Sections
15
§ 25A-1
Scope of act§ 25A-10
"Official fees" defined§ 25A-16
Transfer of equity§ 25A-17
Additional charges for insurance§ 25A-18
Confession of judgment§ 25A-19
Acceleration§ 25A-20
Disclaimer of warranty§ 25A-21
Attorneys' fees