Rhode Island General Laws 6-30-3. Exceptions
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The provisions of this chapter shall not apply to:
(1) The issuance of any credit card to any individual who shall at the time of the issuance have a credit account relationship with the issuer.
(2) The issuance of any credit card to any individual whose credit account shall have been transferred to the issuer by any other person engaged in the business of granting or extending credit by the use of a credit card.
(3) The renewal of any credit card previously issued that has been used by the cardholder during the previous new or renewal term.
History of Section.
P.L. 1970, ch. 177, § 1; P.L. 2014, ch. 528, § 22.
Terms Used In Rhode Island General Laws 6-30-3
- credit card: means any instrument or device, whether known as a credit card, credit plate, or by any other name, issued with or without fee by an issuer for the use of the cardholder in obtaining money, goods, services, or anything else of value on credit. See Rhode Island General Laws 6-30-2
- person: may be construed to extend to and include co-partnerships and bodies corporate and politic. See Rhode Island General Laws 43-3-6