Legislation

Search OpenLegislation Statutes

previous
  • SECTION 341
    Restriction on early termination liability
    • up
  • ARTICLE 9-A
    Motor Vehicle Retail Leasing Act
    • next
  • SECTION 343
    Assessment of excess wear and damage to the vehicle
    • This entry was published on 2014-09-22
    NOTE: The selection dates indicate all change milestones for the entire volume, not just the location being viewed. Specifying a milestone date will retrieve the most recent version of the location before that date.

    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.