§ 1541.5. “Credit” defined

Cite as: 21 CNCA § 1541.5

The word "credit," as used in Section 1541.1 through 1541.4 of this title, shall be construed to mean an arrangement or understanding with the bank. depository, or seller of goods or livestock for the payment of such check, draft or order.

Historical Data

LA 10–90, eff. November 13, 1990. Amended LA 07-21, eff. February 22, 2021.