Current through 2024 Session Acts Chapter 111 and 2024 Special Session Acts Chapter 4
Section 16a-3-202 - [Effective 1/1/2025] (UCCC) Notice to consumer(1) A written agreement that requires or provides for the signature of the consumer and that evidences a consumer loan or consumer credit sale other than one pursuant to open-end credit shall contain a clear, conspicuous, and printed notice to the consumer that such consumer should not sign the agreement before reading it, and that such consumer is entitled to a copy of the agreement and may prepay the unpaid balance at any time without penalty. The following notice if clearly and conspicuously printed complies with this subsection: NOTICE TO CONSUMER:
1. Do not sign this agreement before you read it. 2. You are entitled to a copy of this agreement. 3. You may prepay the unpaid balance at any time without penalty.(2) A written agreement that requires or provides for the signature of the consumer and that evidences a consumer lease shall contain a clear, conspicuous and printed notice to the consumer that such consumer should not sign the agreement before reading it and that such consumer is entitled to a copy of the agreement. The following notice if clearly and conspicuously printed complies with this subsection: NOTICE TO CONSUMER:
1. Do not sign this agreement before you read it. 2. You are entitled to a copy of this agreement.Amended by L. 2024, ch. 6,§ 62, eff. 1/1/2025.L. 1973, ch. 85, § 42; 1/1/1974.This section is set out more than once due to postponed, multiple, or conflicting amendments.