22 GCA § 57107: Prohibited Provisions of Rental-Purchase Agreement.
Where this section sits in the code
- Title 22: Business Regulation
- Division 3 - Business and Professions Subject to Separate Licensing and Regulatory Requirements
- Chapter 57: Rental Purchase Agreements
A rental-purchase agreement or any document that the merchant requests the consumer to execute may not contain:
(a) a confession of judgment;
(b) a negotiable instrument;
(c) a security interest or any other claim of a property interest in any goods, except those goods the use of which is provided by the merchant pursuant to the agreement;
(d) a wage assignment;
(e) a waiver by the consumer of a claim, counterclaim or defense; or
(f) require that the consumer purchase insurance or liability waiver against loss or damage to the rental property from the merchant. This paragraph shall not, however, be construed to prohibit a merchant from offering insurance or a liability waiver to a consumer, provided it is clearly disclosed that acceptance of the offer of insurance or a liability waiver is optional.
Collected 2026-09-27T04:21:18Z. Source file · JSON