§14A-2-406. Restriction on liability in consumer lease.
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/ok/title-14a-consumer-credit-code/14a-2-406A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The obligation of a lessee upon expiration of a consumer lease may not exceed twice the average payment allocable to a monthly period under the lease. This limitation does not apply to charges for damages to the leased property or for other default. Added by Laws 1969, c. 352, § 2-406, eff. July 1, 1969. Amended by Laws 1982, c. 335, § 27, operative June 1, 1982.