Go to Previous Versions of this Section
  1. 2025 Delaware Code (here)
  2. 2024 Delaware Code
  3. 2023 Delaware Code
  4. View All Versions

2025 Delaware Code
Title 6 - Commerce and Trade
Chapter 43. RETAIL INSTALLMENT SALES
Subchapter IX. Retail Installment Accounts
§ 4335. Confirmation of account by seller; contents; proof of mailing.

Universal Citation:
6 DE Code § 4335 (2025)
Learn more This media-neutral citation is based on the American Association of Law Libraries Universal Citation Guide and is not necessarily the official citation.
Previous Next
§ 4335. Confirmation of account by seller; contents; proof of mailing.

(a) At the time a seller accepts the credit of the buyer and establishes a retail installment account for that buyer's use, the seller shall confirm this fact to the buyer in writing. Such confirmation shall contain a clear and understandable statement of the rates of service charge, without regard to the variations contained in § 4337 of this title, which will be collected from the buyer, but may contain the clause that such rates are subject to change if permitted by law. This confirmation shall also contain a legend that the buyer may at any time pay the entire balance.

(b) The confirmation shall be in type no smaller than elite typewriter characters.

(c) If no copy of the confirmation is retained by the seller, a notation in the permanent record showing that such confirmation was mailed, and the date of mailing, shall serve as prima facie evidence of such mailing.

6 Del. C. 1953, § 4335;  52 Del. Laws, c. 342;  70 Del. Laws, c. 186, § 1; 
Previous Next
Disclaimer: These codes may not be the most recent version. Delaware may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.