Oct 26, 2004 07:33
19 yrs ago
English term

consumer paper

Non-PRO English to French Law/Patents Law (general)
Under the Rule, banks which purchase consumer paper containing the notice required of sellers will no longer be able to avail themselves of the holder-in-due-course doctrine. Also, banks which make purchase money loans containing the notice will be subject to all claims and defenses which the consumer could assert against the seller.

Merci beaucoup.

Discussion

hirselina Oct 26, 2004:
Easy?

Proposed translations

+1
2 hrs

demande de crédit à la consommation

Cette demande est prise en charge par la banque ; elle est accompagnée d'une notice légale.
Peer comment(s):

agree Francine Alloncle
3 hrs
merci Francine !
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281 days

instruments/papiers financiers

comme il peut s'agir de plusieurs choses (voir def)on ne peut présumer ici

http://www.fdic.gov/regulations/laws/rules/8000-7400.html#93...
good def:
Consumer paper means paper relating to automobiles, mobile homes, residences, office equipment, household items, tuition fees, insurance premium fees, and similar consumer items. Consumer paper also includes paper covering the lease (where the bank is not the owner or lessor) or purchase of equipment for use in manufacturing, farming, construction, or excavation


PS pour essayer de fermer cette très vieille question ;-)
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