Current through Acts 2023-2024, ch. 1069
Section 47-18-606 - Prohibited terms of agreementA rental-purchase agreement may not contain a provision:
(1) Requiring a confession of judgment;(2) Requiring a garnishment of wages;(3) Granting authorization to the lessor or a person acting on the lessor's behalf to enter unlawfully upon the consumer's premises or to commit any breach of the peace in the repossession of goods;(4) Requiring the consumer to waive any defense, counterclaim, or right of action against the lessor or a person acting on the lessor's behalf in collection of payment under the lease or in the repossession of goods; or(5) Requiring purchase of insurance from the lessor to cover the merchandise.