§ 15-8-7. Prohibited practices.

     A rental purchase agreement may not contain:

(1) a confession of judgment;

(2) a negotiable instrument;

(3) a claim of a property interest in any goods except those goods delivered by the lessor pursuant to the rental purchase agreement;

(4) a wage assignment;

(5) a waiver by the consumer of claims or defenses;

(6) a provision authorizing the lessor or a person acting on the lessor's behalf to enter upon the consumer's premises or to commit any breach of the peace while repossessing rented property; or

(7) a provision mandating that the consumer purchase from the lessor insurance or a liability damage waiver for the merchandise.

Enacted by Chapter 251, 1993 General Session