Prior to the execution of a contract or agreement between the buyer and a credit services organization, the credit services organization shall provide the buyer a statement in writing, containing all the information required by Section 1789.15. The credit services organization shall maintain on file or microfilm for a period of two years an exact copy of the statement, personally signed by the buyer, acknowledging receipt of a copy of the statement.
(Amended by Stats. 1992, Ch. 651, Sec. 4. Effective January 1, 1993.)
Last modified: October 25, 2018