Legislation
SECTION 892
Application of article
General Business (GBS) CHAPTER 20, ARTICLE 39-D
§ 892. Application of article. 1. The actual or purported transfer or
assignment of any right or interest in a motor vehicle or under a lease
contract, retail installment contract, or security agreement, by an
individual who is a party to the original lease contract, retail
installment contract, or security contract is not an act of auto equity
promotion under this article.
2. This article shall not affect the enforceability of any provision
of any lease contract, retail installment contract, or security
agreement, by any party thereto.
assignment of any right or interest in a motor vehicle or under a lease
contract, retail installment contract, or security agreement, by an
individual who is a party to the original lease contract, retail
installment contract, or security contract is not an act of auto equity
promotion under this article.
2. This article shall not affect the enforceability of any provision
of any lease contract, retail installment contract, or security
agreement, by any party thereto.