Purpose of open-end credit program

9 V.I.C. § 890 — under Virgin Islands Finance Lenders.

9 V.I.C. § 890

If an open-end credit program is not primarily for the purpose of purchasing or leasing goods or services from the licensee, then all credit extended through use of the program, including transactions that involve the purchase or lease of goods or services from the licensee, are subject to this chapter.