Delaware Code Title 6 Sec. 4342 – Notes cutting off buyer’s right of action or defense against seller …
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No retail installment account shall require or entail the execution of any note or series of notes by the buyer which, when separately negotiated, will cut off as to third parties, any right of action or defense which the buyer may have against the seller.
6 Del. C. 1953, § ?4342; 52 Del. Laws, c. 342.;
Terms Used In Delaware Code Title 6 Sec. 4342
- Series: means a designated series of limited partners, general partners, partnership interests or assets that is a protected series or a registered series, or that is neither a protected series nor a registered series. See Delaware Code Title 6 Sec. 17-101