COMMERCIAL TRANSACTIONS
CHAPTER 41
GENERAL PROVISIONS AND DEFINITIONS
PART 2.
SCOPE AND JURISDICTION
28-41-204. Applicability. This act shall apply only to credit transactions for a consumer purpose, except for the following parts, chapters and sections, which shall apply to credit transactions for any and all purposes:
No provisions of this act other than those specified in subsections (1) through (10) of this section shall limit, expand or otherwise affect the powers, rights, duties or obligations of creditors or debtors in credit transactions for a business purpose.
History:
[28-41-204, added 1983, ch. 119, sec. 3, p. 268; am. 1994, ch. 185, sec. 5, p. 606.]