Rhode Island § 6-28-6 § 6-28-6. Statement required on note.

Rhode Island Statutes

§ 6-28-6 — § 6-28-6. Statement required on note.

Rhode Island·Title 6 Commercial Law – General Regulatory Provisions·Ch. 6-28 Door-To-Door Sales

§ 6-28-6. Statement required on note.
Any note or other evidence of indebtedness given by a buyer in connection with a door-to-door
            sale shall be dated not earlier than the date of the agreement or offer to purchase.
            The seller shall cause the words "Nonnegotiable consumer noteâ€� to be placed prominently
            on the note and an assignee or holder of a note or other evidence of indebtedness
            with the words "Nonnegotiable consumer noteâ€� appearing prominently on the note shall
            take the note subject to the claims and defenses permitted under § 6A-3-306, irrespective of whether or not an assignee or holder qualifies as a "holder in due
            courseâ€� as defined 

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§ 6-28-6. Statement required on note.

Any note or other evidence of indebtedness given by a buyer in connection with a door-to-door sale shall be dated not earlier than the date of the agreement or offer to purchase. The seller shall cause the words "Nonnegotiable consumer noteâ€� to be placed prominently on the note and an assignee or holder of a note or other evidence of indebtedness with the words "Nonnegotiable consumer noteâ€� appearing prominently on the note shall take the note subject to the claims and defenses permitted under § 6A-3-306, irrespective of whether or not an assignee or holder qualifies as a "holder in due courseâ€� as defined in § 6A-3-302.

Rhode Island § 6-28-6 (§ 6-28-6. Statement required on note.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.