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Session Laws, 1976
Volume 734, Page 95   View pdf image
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MARVIN MANDEL, Governor                                     95

FOR RECEIPT OF PAYMENTS, EXCEPT THAT:

(I) IF NO PARTICULAR HOUR OF__THE__DAY

HAS BEEN CLEARLY SPECIFIED BY THE CREDITOR AS THE TIME BY
WHICH PAYMENT MUST BE RECEIVED BY THE CREDITOR IN ORDER

TO OBTAIN CREDITING TO THE CUSTOMER'S ACCOUNT AS OF THAT

DATE, PAYMENTS RECEIVED PRIOR TO THE CLOSE OF BUSINESS ON
THAT DAY MUST BE CREDITED AS OF THAT DATE;

(II)       IF NO LOCATION(S) HAS BEEN CLEARLY

SPECIFIED AS THE LOCATION(S) AT WHICH PAYMENT MAY BE

MADE, THEN PAYMENT AT ANY LOCATION WHERE THE CREDITOR

CONDUCTS BUSINESS SHALL BE CREDITED AS OF THE DATE

PAYMENT IS PRESENTED; AND

(III)     IF NO PARTICULAR MANNER OF PAYMENT
HAS BEEN CLEARLY SPECIFIED, THEN PAYMENT BY CHECK, CASH,

MONEY ORDER, BANK DRAFT OR OTHER SIMILAR INSTRUMENT IN

PROPERLY NEGOTIABLE FORM SHALL CONSTITUTE PROPER MANNER

OF PAYMENT.

(3) IF THE CREDITOR ACCEPTS PAYMENT AT

LOCATIONS OTHER THAN THOSE SPECIFIED UNDER PARAGRAPH

(G)(2)(II) OF THIS SECTION, THE CREDITOR SHALL CREDIT THE
CUSTOMER'S ACCOUNT PROMPTLY (IN NO CASE LATER THAN 5 DAYS

FROM THE DATE OF RECEIPT), PROVIDED THAT THE POSSIBILITY

OF THE DELAY IS CLEARLY DISCLOSED TO THE CUSTOMER ON THE

PERIODIC STATEMENT OR ON ACCOMPANYING MATERIAL THAT NEED

NOT BE RETAINED BY THE CUSTOMER.

(4) PAYMENTS NEED NOT BE CREDITED AS OF THE

DATE OF RECEIPT (BUT IN ANY CASE MUST BE CREDITED

PROMPTLY) IF A DELAY IN CREDITING DOES NOT RESULT IN THE

IMPOSITION OF ANY FINANCE CHARGES, LATE PAYMENT CHARGES,

OR OTHER CHARGES FOR THAT BILLING CYCLE OR A LATER

BILLING CYCLE.

SECTION 2. AND BE IT FURTHER ENACTED, That this Act
shall take effect July 1, 1976.

Approved April 1, 1976.

CHAPTER 65

(House Bill 248)

AN ACT concerning

[[Sale]] ACCEPTANCE of Animals

FOR the purpose of allowing certain corporations AND

CERTAIN __ANIMAL SHELTERS OR POUNDS to [[sell]] or

distribute]] ACCEPT certain animals within the
State; and clarifying language.

 

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Session Laws, 1976
Volume 734, Page 95   View pdf image
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