SECTION 160:20-1-18. Rule announcing changes in dollar amounts - July 1, 1997

(a)   The percentage of change, calculated according to the nearest whole percentage point, between the Index at the end of 1996 and the Reference Base Index is ten percent (10%) or more so various dollar amounts set forth in the Uniform Consumer Credit Code shall change using figures from Consumer Price Index Indicators, Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W). [14A:1-106(1), (2) and (3)]

(b)   The designated sections and the corresponding dollar amounts to become effective on July 1, 1997, are as follows:

Designated Sections	July 1, 1996	July 1, 1997
2-201(2)(a)(i)	$960	$990
2-201(2)(a)(ii)	$960-3,200	$990-3,300
2-201(2)(a)(iii)	$3,200	$3,300
2-203(1)(a)	$16	$16.50
2-203(4)	$16	$16.50
2-407(1)	$3,200	$3,300
2-407(1)	$640	$660
2-413	$3,200	$3,300
3-203(1)(a)	$16	$16.50
3-203(5)	$16	$16.50
3-203.1	$16	$16.50
3-508A(2)(a)(i)	$960	$990
3-508A(2)(a)(ii)	$960-3,200	$990-3,300
3-508A(2)(a)(iii)	$3,200	$3,300
3-508B(1)	$640	$660
3-508B(1)(a)	$95.97	$98.97
3-508B(1)(a)	$3.20-16	$3.30-16.50
3-508B(1)(b)	$95.97-112	$98.97-115.50
3-508B(1)(b)	$9.60	$9.90
3-508B(1)(c)	$112-224	$115.50-231
3-508B(1)(c)	$11.20	$11.55
3-508B(1)(d)	$224-320	$231-330
3-508B(1)(d)	$12.80	$13.20
3-508B(1)(e)	$320-480	$330-495
3-508B(1)(e)	$14.40	$14.85
3-508B(1)(f)	$480-640	$495-660
3-508B(1)(f)	$16	$16.50
3-510(1)	$3,200	$3,300
3-511(1)	$3,200	$3,300
3-511(1)(a)	$960	$990
3-511(1)(b)	$960	$990
3-514	$3,200	$3,300
5-103(2)	$3,200	$3,300
5-103(3)	$3,200	$3,300
5-103(7)	$3,200	$3,300

[Source: Added at 16 Ok Reg 2142, eff 6-25-99; Amended at 17 Ok Reg 1545, eff 5-25-00]