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AGO Opinions with Topic: CARRYING CHARGES ON CONDITIONAL SALES CONTRACT NOT USURY
AGO 1956 No. 197 >  January 27, 1956
USURY - SALES - CARRYING CHARGES ON CONDITIONAL SALES CONTRACT NOT USURY
USURY - SALES - CARRYING CHARGES ON CONDITIONAL SALES CONTRACT NOT USURY Where the parties do not contemplate a loan transaction carrying charges may not be considered as interest or charges so as to bring the transaction within the purview of the Small Loan Act.
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