New Hampshire Revised Statutes 384-G:19 – Governing Law
Current as of: 2023 | Check for updates
|
Other versions
Terms Used In New Hampshire Revised Statutes 384-G:19
- Revolving credit: A credit agreement (typically a credit card) that allows a customer to borrow against a preapproved credit line when purchasing goods and services. The borrower is only billed for the amount that is actually borrowed plus any interest due. (Also called a charge account or open-end credit.) Source: OCC
- state: when applied to different parts of the United States, may extend to and include the District of Columbia and the several territories, so called; and the words "United States" shall include said district and territories. See New Hampshire Revised Statutes 21:4
A revolving credit plan between a bank and a borrower shall be governed by the laws of this state.