Vermont Statutes Title 9 Sec. 2359
Terms Used In Vermont Statutes Title 9 Sec. 2359
- State: when applied to the different parts of the United States may apply to the District of Columbia and any territory and the Commonwealth of Puerto Rico. See
- transaction: means any transaction in which a retail buyer purchases a motor vehicle from a retail seller under a retail installment contract for a time sale price consisting of a cash sale price and other amounts as limited by this chapter and agrees to pay part or all of the price in one or more deferred installments. See
§ 2359. Cases not provided for; scope
This chapter shall not affect or apply to any loans or to the business of making loans under the laws of this State, nor shall any of the provisions of the loan or interest statutes of this State affect or apply to any retail installment transaction. Nothing in this chapter shall be construed to impair or in any way affect any rule of law applicable to or governing retail installment sales not otherwise subject hereto. This chapter shall apply exclusively to all retail installment transactions as defined in section 2351 of this title. This chapter shall not apply to commercial leases. (Added 1961, No. 227, § 9, eff. Jan. 1, 1962; amended 1989, No. 122, § 10, eff. June 30, 1989; 1989, No. 284 (Adj. Sess.), § 2.)