Section 12-908 - Deferral of scheduled payments; deferral charge.

§ 12-908. Deferral of scheduled payments; deferral charge.
 

A credit grantor may at any time allow a borrower under a revolving credit plan to defer scheduled payments and charge the borrower a deferral charge agreed to by the credit grantor and the borrower. 
 

[1983, ch. 143.]