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Title XXVI TRADE AND COMMERCE

Chapter 408

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  408.400.  Definitions. — 1.  As used in sections 408.400 to 408.415, unless the context otherwise requires:

  (1)  "Arranged" means to provide or offer to provide a loan which is or will be extended by another person under a business or other relationship pursuant to which the person arranging such loan receives or will receive a fee, compensation, or other consideration for such service or has knowledge of the terms of the loan and participates in the preparation of the instruments required in connection with the extension of the loan;

  (2)  "Consumer goods or services" means goods or services for use primarily for personal, family or household purposes.

  2.  The definitions in Articles 1, 3 and 9 of chapter 400 are applicable to sections 408.400 to 408.415.

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(L. 1974 H.B. 1047, et al. § 1, A.L. 1983 H.B. 713 Revision)


---- end of effective   28 Aug 1983 ----

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