Relating to retail installment contracts for motor vehicles.
Catchline/Summary:
Imposes disclosure and notice requirements relating to amounts owed under retail installment contracts for sale or lease of motor vehicles that are not commercial vehicles or commercial motor vehicles. Imposes disclosure and notice requirements relating to amounts owed under retail installment contracts for sale or lease of motor vehicles that are not commercial vehicles or commercial motor vehicles. Imposes specified restrictions related to payments owed under contracts.
Creates unlawful trade practice for violation of Act.
Becomes operative on July 1, 2014.
Applies to sales and leases that occur on or after operative date.
Chapter Number:
Fiscal Impact:
May Have Fiscal Impact, But No Statement Yet Issued
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HB 2831 House Committee On Consumer Protection and Government Efficiency
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