Periodic Statement of Charges.
Article 144
ART. 144. Periodic Statement of Charges. - The periodic statement transmitted by the creditor in connection with any extension of consumer credit other than under an open-end consumer credit plan, shall set forth the following information: the simple annual rate; the effective interest rate; the date by which, or the period (if any) within which payment must be made in order to avoid additional finance charges; method of determining the balance upon which the finance charge may be imposed.