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Massachusetts General Laws > Part III > Title IV > Chapter 255B - Retail Instalment Sales Of Motor Vehicles

Massachusetts General Laws > Part III > Title IV > Chapter 255B - Retail Instalment Sales Of Motor Vehicles


Current as of: 2009
§ 1Definitions
§ 2Sales finance companies; licenses; application; fees; assignment or transfer
§ 3Rules and regulations; keeping of records relating to compliance; annual report, failure to file, penalty
§ 4Summoning of licensees; failure to appear; effect
§ 5Refusal to issue license; notice; appeal; hearing
§ 6Violations of this chapter; investigations by commissioner
§ 7Revocation or suspension of license; grounds
§ 8Revocation or suspension of license; procedure
§ 9Contracts; form and contents
§ 10Life or accident and health or involuntary unemployment insurance charges; prepayment; refunds; death benefits; disclosure statements; violations
§ 11Delinquency and collection charge; amount
§ 12Signing of contract; effect of blank spaces; exceptions; buyer's written acknowledgment
§ 13Copy of contract; delivery to buyer; failure to deliver; effect; cancellation of contract
§ 14Finance charges; rate; computation
§ 15Full payment by buyer; duty of holder of retail instalment contract
§ 16Payment in full before maturity; refund credit
§ 17Deferment or renewal of payment dates; refinancing; computation of rates; rebates
§ 18Sale or assignment of contracts
§ 19Statement of payments; forwarding to buyer; receipts for payments
§ 19ADefenses of buyer against seller; holder of contract subject thereto
§ 20Non-enforceability of certain provision of contract
§ 20ADefault; enforcement; notice; accelerated payment; curing of default
§ 20BRepossession of collateral on default; hearing; redemption; disposition; deficiency; insurance proceeds; determination of value
§ 20CRepossession of motor vehicle; notice to police
§ 21Penalties
§ 22Violation of secs. 9--14; effect
§ 23Waiver of provisions of this chapter; effect
§ 24Severability of law
§ 25Truth-in-lending act; application

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