{"data":{"id":"us-nc/n.c.-gen.-stat.-25a-3","jurisdiction":"us-nc","citation":"N.C. Gen. Stat. § 25A-3","heading":"\"Payable in installments\" defined.","body":"A debt is \"payable in installments\" when the buyer is required or permitted by agreement to make payment in more than four installments, excluding a down payment, and whether or not a finance charge is imposed by the seller. (1971, c. 796, s. 1.)","path":["Chapter 25A. Retail Installment Sales Act."],"source_url":"https://www.ncleg.gov/EnactedLegislation/Statutes/HTML/BySection/Chapter_25A/GS_25A-3.html","current_through":"S.L. 2026-30","vintage":"","retrieved_at":"2026-08-27T17:58:52Z","sha256":"031fb04afd9d30f93c3fa81e77f0b647f9ab58a2dae4e35fee72e76b05c52fc3","source_id":"us-nc","stale":false,"prev":"us-nc/n.c.-gen.-stat.-25a-2","next":"us-nc/n.c.-gen.-stat.-25a-4"},"notice":"GroundRules: Original legal text. Not legal advice."}