N.J.S.A. 18A:62-53 — Definitions relative to certain credit card solicitations.

18A:62-53 Definitions relative to certain credit card solicitations. 1. As used in this act: "Credit" means the right to defer payment of debt or to incur debt and defer its payment. "Credit card" means any card, plate, coupon book, or other single credit device that may be used from time to time to obtain credit. "Direct merchandising" means the promotion to sell or offer any goods, wares, services or merchandise to any person by means of interpersonal contact or through the use of displays. "Public institution of higher education" means Rutgers, The State University, the State colleges or universities established pursuant to chapter 64 of Title 18A of the New Jersey Statutes, the New Jersey Institute of Technology, the University of Medicine and Dentistry of New Jersey, the county colleges and any other public university or college now or hereafter established or authorized by State law. "Student" means a person who is a matriculated student at a public institution of higher education in this State whose billing address is in this State. L.2013, c.18, s.1.

This is the verbatim text of N.J.S.A. 18A:62-53, retrieved from the New Jersey Legislature's public statute corpus. Statutes are amended periodically — for the most current version, check the external source link above. Kyzer is not a law firm and this page is not legal advice.