Delaware Code § 5-946

Terms for indebtedness
Open in Lexace · Ask the AI about this section
A bank may, if the agreement governing a revolving credit plan so provides, impose different terms (including, without limitation, the
terms governing the periodic percentage rate or rates used to calculate interest, the method of computing the outstanding unpaid
indebtedness to which such rate or rates are applied, the amounts of other charges and the applicable installment repayment schedule) in
respect to indebtedness arising out of purchases and indebtedness arising out of loans made under the plan.

‹ Prev All Delaware sections Next ›


Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.