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 Connecticut General Statutes (Last Updated: November 2, 2019)
 Volume 11.
 Title 42. Business, Selling, Trading and Collection Practices
 Chapter 739. Trading Stamps, Mail Orders, Franchises, Credit Programs and Subscriptions

  Sec. 42-133d. Annual statement of interest imposed and paid under open-end credit plan.  

Latest version.

  • The creditor of any account under an open-end credit plan, as defined in 15 USC 1602, as amended from time to time, 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; P.A. 15-235, S. 15.)

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; P.A. 15-235 replaced reference to Sec. 36a-676(a)(8) with reference to 15 USC 1602, effective August 1, 2015.