The suspension of a motor vehicle registration pursuant to this article does not establish grounds for the rescission or invalidity of a contract or financing agreement entered into for the purchase of a motor vehicle in this state.

Terms Used In Arizona Laws 28-4150

  • Contract: A legal written agreement that becomes binding when signed.
  • Motor vehicle: means a self-propelled vehicle that is registered or required to be registered under the laws of this state. See Arizona Laws 28-4001
  • Registration: means the registration certificate or certificates and license plates issued under the laws of this state pertaining to the registration of motor vehicles. See Arizona Laws 28-4001
  • Rescission: The cancellation of budget authority previously provided by Congress. The Impoundment Control Act of 1974 specifies that the President may propose to Congress that funds be rescinded. If both Houses have not approved a rescission proposal (by passing legislation) within 45 days of continuous session, any funds being withheld must be made available for obligation.
  • State: means a state, territory or possession of the United States, the District of Columbia or a province of the Dominion of Canada. See Arizona Laws 28-4001
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