§11-111. Allowable charges
In addition to rental payments, a merchant may contract for and receive the following charges or fees.
                                     
                                [PL 2001, c. 287, §12 (AMD).]
              
                  1. 
                                An initial administrative fee not to exceed $15 may be assessed but the fee must be refunded to the consumer if the rental agreement is not consummated.  If a consumer enters into more than one rental-purchase agreement with a merchant on the same day, only one initial administrative fee may be assessed.
                                     
                                
                [PL 2001, c. 287, §12 (AMD).]
              
                  2. 
                                An optional delivery charge may not exceed $30 for 3 or fewer items actually delivered or $60 for 4 or more items actually delivered.
                                     
                                
                [PL 2001, c. 287, §12 (AMD).]
              
                  3. 
                                An optional payment pick-up fee may not exceed $7.50 and may be assessed only once per payment.
                                     
                                
                [PL 2001, c. 287, §12 (AMD).]
              
                  4. 
                                A liability damage waiver fee may be contracted for and received pursuant to section 11‑115.
                                     
                                
                [PL 1991, c. 787 (NEW).]
              
                        SECTION HISTORY
                        
            PL 1991, c. 787 (NEW). PL 2001, c. 287, §12 (AMD).