CHAPTER 168

FORMERLY HOUSE BILL NO. 364

AN ACT TO AMEND CHAPTER 43, TITLE 6, DELAWARE CODE, PROVIDING FOR THE OPERATION OF CREDIT CARD SYSTEM BY BANKS.

Be it enacted by the General Assembly of the State of Delaware:

Section 1. Amend Section 4301, Chapter 43, Title 6, Delaware Code, by removing the "." at the end of the sentence defining "Retail Seller" and adding thereto the following:

"and, as used in Subchapter IX hereof dealing with retail installment accounts, includes a bank operating a credit card system."

Section 2. Amend Section 4301, Chapter 43, Title 6, Delaware Code, by removing the "." at the end of the sentence defining "Retail Installment Account" and adding thereto the following:

"and includes those accounts established with banks operating a credit card system pursuant to which a cardholder purchases goods and services from participating merchants."

Approved June 25, 1971.