130.No open credit contract may include a clause whereby the transfer of the ownership of the goods sold by a merchant to a consumer is deferred until the consumer’s performance of all or part of his obligation.
1978, c. 9, s. 130; 2017, c. 242017, c. 24, s. 681.
130.No contract extending variable credit may include a clause whereby the transfer of the ownership of the goods sold by a merchant to a consumer is deferred until the consumer’s performance of all or part of his obligation.