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  • SECTION 341
    Restriction on early termination liability
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  • ARTICLE 9-A
    Motor Vehicle Retail Leasing Act
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  • SECTION 343
    Assessment of excess wear and damage to the vehicle
    • Viewing most recent revision (from 2014-09-22)

    SECTION 342

    Restriction on the reporting of early terminations

    Personal Property (PEP) CHAPTER 41, ARTICLE 9-A

    § 342. Restriction on the reporting of early terminations. The holder
    of a retail lease agreement shall not report the voluntary early
    termination of the agreement to a consumer reporting agency or any other
    person as a derogatory item of information unless the lessee fails to
    satisfy his or her early termination obligations.