16a-3-203a. Receipt of payment by assignor.

16a-3-203a

Chapter 16a.--CONSUMER CREDIT CODE Part 2 DISCLOSURES Article 3.--REGULATION OF AGREEMENTS AND PRACTICES

      16a-3-203a.   Receipt of payment by assignor. If payment is received by the assignor of a consumer credit contract for the benefit of the assignee, the date of payment shall be deemed to be the day payment is received by the assignor.

      History:   L. 1996, ch. 166, § 1; July 1.