A lessor shall not:
(1) Charge a penalty for early termination of a consumer rental purchase agreement or for the return of an item at any point except for those charges authorized by section 69-2110;
(2) Require payment by a cosigner of the consumer rental purchase agreement of any fees or charges which could not be imposed upon the consumer as part of the consumer rental purchase agreement;
(3) Require payment of any charges unless specifically authorized by subsection (1) of section 69-2110; or
(4) Increase the lease payment or the total of payments to acquire ownership as a result of a consumer's declining to purchase liability damage waiver.
Laws 1989, LB 681, § 9; Laws 1993, LB 111, § 3; Laws 2001, LB 641, § 5.
LawServer is for purposes of information only and is no substitute for legal advice.
© 2013 LawServer Online, Inc. All rights reserved