17:16C-58.1 - Date of application of act;  validity of transactions prior to  effective date of act

17:16C-58.1.  Date of application of act;  validity of transactions prior to  effective date of act
    (a) The provisions of this act relating to retail charge accounts shall apply to such accounts in existence on the effective date of this act.

    (b) Nothing in this act shall be construed to make invalid any retail charge  account or retail installment contract, or any transaction thereunder, made  prior to the effective date of this act.

     L.1971, c. 409, s. 18.  Amended by L.1972, c. 14, s. 2, eff. April 19, 1972.