Sec. 42-133d. Annual statement of interest imposed and paid under open-end credit plan.
Sec. 42-133d. Annual statement of interest imposed and paid under open-end
credit plan. The creditor of any account under an open-end credit plan, as defined in
subdivision (8) of subsection (a) of section 36a-676, on which interest aggregating ten
dollars or more has been imposed in any calendar year, shall furnish to the obligor of
such account, on or before January thirty-first of the following year, a statement of the
interest charges so imposed and the aggregate amount paid by such obligor.
(1972, P.A. 17, S. 1; P.A. 73-362, S. 1, 2; P.A. 88-65, S. 57; P.A. 92-12, S. 107.)
History: P.A. 73-362 added Subsec. (b); P.A. 88-65 deleted obsolete Subsec. (b) which provided that the first statement
of interest was due on January 31, 1974; P.A. 92-12 made a technical change.