Legislation
SECTION 344
Cancellation of agreement
Personal Property (PEP) CHAPTER 41, ARTICLE 9-A
§ 344. Cancellation of agreement. After the payment of all sums for
which the lessee is obligated under a retail lease agreement, and upon
written demand made by the lessee, the holder of such agreement shall
mail to the lessee at his or her last known address good and sufficient
documentation to indicate payment in full. This documentation shall not
operate to release the lessee from liability for events discovered by
the holder subsequent to the mailing of such documentation.
which the lessee is obligated under a retail lease agreement, and upon
written demand made by the lessee, the holder of such agreement shall
mail to the lessee at his or her last known address good and sufficient
documentation to indicate payment in full. This documentation shall not
operate to release the lessee from liability for events discovered by
the holder subsequent to the mailing of such documentation.