RSA 261:23-a: Terminal Rental Adjustment Clause; Vehicle Leases That are Not Sales or Security Interests.
Where this section sits in the code
- Title XXI: MOTOR VEHICLES
- Chapter 261: CERTIFICATES OF TITLE AND REGISTRATION OF VEHICLES
- Certificate of Title
Notwithstanding any other provision of law, a transaction involving a motor vehicle or a trailer 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 2026-09-05T14:34:19Z. Source file · JSON