21 Del. C. § 2342: Terminal rental adjustment clauses.
Where this section sits in the code
- Title 21. Motor Vehicles
- Registration, Title and Licenses
- CHAPTER 23. Title and Liens
- Subchapter II. Liens
In the case of motor vehicles or trailers, notwithstanding any other provision of law, a transaction does not create a sale or security interest merely because it provides that the rental price is permitted or required to be adjusted under the agreement either upward or downward by reference to the amount realized upon sale or other disposition of the motor vehicle or trailer.
Collected 2026-09-05T23:02:26Z. Source file · JSON