COMMERCE AND TRADE Selling and Other Trade Practices: Provide Conditions Under Which a Revolving Credit Account Shall be Presumed to be Signed or Accepted by a Buyer

The Act provides that in a court action brought under the Retail Installment and Home Solicitation Sales Act, in which a seller brings a claim against a buyer whose account is in default, the seller will no longer have to produce an original copy of the credit agreement. The Act provides conditions that, once met, provide presumptive proof that the account has been accepted or signed by the buyer. The Act also provides conditions under which a revolving account becomes effective