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Code · Wisconsin · Chapter 422 — Consumer credit transactions

422.303 Form requirements other than open-end or discount.

106 words·~1 min read·/wi/chapter-422/422-303

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422.303 Form requirements other than open-end or discount.
(1)In a consumer credit sale other than one pursuant to an open-end credit plan or a credit sale in which the only finance charge is a prompt payment discount as described in s. 422.201
(8), the customer’s obligation to pay the total of payments shall be evidenced by a single instrument, which shall include, in addition to the other disclosures required by this subchapter, the signature of the seller, the signature of the customer, the date on which it was signed and a description of any property the customer transfers to the seller as a trade-in.
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