§11-102. Purpose; rules of construction
1.
This Article must be liberally construed and applied to promote its underlying purposes and policies.
[PL 1991, c. 787 (NEW).]
2.
The underlying purposes and policies of this Article are to:
A.
Simplify, clarify and modernize the law governing rental-purchase agreements;
[PL 1991, c. 787 (NEW).]
B.
Provide certain disclosures to consumers who enter into rental-purchase agreements and to promote consumer understanding of the terms of rental-purchase agreements;
[PL 1991, c. 787 (NEW).]
C.
Protect consumers against unfair practices by some rental-purchase dealers, having due regard for the interests of legitimate and scrupulous rental-purchase dealers; and
[PL 1991, c. 787 (NEW).]
D.
Permit and encourage the development of fair and economically sound rental-purchase practices.
[PL 1991, c. 787 (NEW).]
[PL 1991, c. 787 (NEW).]
SECTION HISTORY
PL 1991, c. 787 (NEW).