Sec. 42-428. Civil liability of assignees.
148 words·~1 min read·
/ct/title-42/chapter-743aa-consumer-leases/42-428·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(a)Except as otherwise provided in subsection
(b)of this section, the liability of a holder for a violation of sections 42-270 to 42-271a , inclusive, and 42-390 to 42-434 , inclusive, by a previous holder is subject to subsection
(b)of section 42-411 .
(b)An action for a violation of subsection
(d)of section 42-404 or section 42-406 or 42-415 , or for a violation of the disclosure requirements of section 42-402 or 42-403 or subsection (a),
(b)or
(c)of section 42-404 may be maintained against a subsequent holder only if:
(1)A required disclosure is omitted or can be determined to be incomplete or inaccurate from the face of the record or other documents assigned; or
(2)The record does not contain a notice, provision or statement required to be used under sections 42-270 to 42-271a , inclusive, and 42-390 to 42-434 , inclusive.