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P-40.1 - Consumer Protection Act

Section 128.3
Disposition versions

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128.3. Any stipulation in an open credit contract whereby the merchant may unilaterally increase the credit limit is prohibited.
Any stipulation whereby the merchant may impose charges on the consumer if a transaction results in the credit limit granted being exceeded or if a transaction is refused on that ground is also prohibited.
2017, c. 24, s. 34.
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