P-40.1 - Consumer Protection Act
67. For the purposes of this division,
(a) “total obligation” means the aggregate of the net capital and the credit charges;
(b) “period” means a space of time of not over thirty-five days;
(c) “down payment” means a sum of money, the value of a negotiable instrument payable on demand, or the agreed value of goods, given on account at the time of the contract.