Legislation
SECTION 333
Pre-lease availability of sample form of agreement
Personal Property (PEP) CHAPTER 41, ARTICLE 9-A
§ 333. Pre-lease availability of sample form of agreement. 1. The
lessor of a motor vehicle shall make a blank sample copy of its current
form of retail lease agreement readily available for examination by
prospective lessees by:
(a) Furnishing it upon request prior to the consummation of a retail
lease transaction; and
(b) Posting in its place of business a sign stating that a blank
sample copy of its form of retail lease agreement is available upon
request.
2. An assignee who has prepared a form of retail lease agreement that
is used by a lessor shall provide the lessor with blank sample copies of
that form of agreement which the lessor may use to comply with the
delivery requirement imposed upon it by paragraph (a) of subdivision one
of this section. An assignee who does so shall have no liability if the
lessor to whom those materials are provided fails to comply with this
section.
lessor of a motor vehicle shall make a blank sample copy of its current
form of retail lease agreement readily available for examination by
prospective lessees by:
(a) Furnishing it upon request prior to the consummation of a retail
lease transaction; and
(b) Posting in its place of business a sign stating that a blank
sample copy of its form of retail lease agreement is available upon
request.
2. An assignee who has prepared a form of retail lease agreement that
is used by a lessor shall provide the lessor with blank sample copies of
that form of agreement which the lessor may use to comply with the
delivery requirement imposed upon it by paragraph (a) of subdivision one
of this section. An assignee who does so shall have no liability if the
lessor to whom those materials are provided fails to comply with this
section.