BILL NO A03083E
SAME AS SAME AS S00557-C
SPONSOR Pheffer (MS)
COSPNSR Pretlow, Peoples-Stokes, Gianaris, Aubry, Ortiz, Schroeder, Gabryszak
MLTSPNSR Cahill, Glick, Hikind, Hoyt, Mayersohn, Towns
Amd SS500, 501, 502 & 505, rpld & add SS503 & 504, add SS504-a, 504-b & 508,
Pers Prop L
Provides for greater protections to consumers in rental purchase agreements;
defines certain terms; provides greater disclosure to consumer regarding the
amount, number and times at which various payments relating to such an
agreement are due and owing; makes various provisions regarding the method and
information required to be disclosed in advertising for such agreements;
provides for a right of reinstatement upon repossession.
