Federal and State Laws
Code of Alabama
Title 8 - Commercial Law and Consumer Protection
> Code of Alabama Title 8, Chapter 25 - Rental-Purchase Agreements
Code of Alabama Title 8, Chapter 25 - Rental-Purchase Agreements
Section 8-25-1 - Definitions.
As used in this chapter, the following words and phrases shall have the following meanings ascribed to them, unless the context clearly indicates otherwise: (1)...
Section 8-25-2 - Disclosures by Merchant to Consumer; Inaccuracy Due to Acts, Etc., After Delivery; Form of Disclosure.
(a) The merchant shall disclose to the consumer the information required by this title. In a transaction involving more than one consumer, the merchant need...
Section 8-25-3 - Prohibited Provisions.
A rental-purchase agreement shall not contain a provision: (1) Requiring a confession of judgment; (2) Authorizing a merchant or agent of the merchant to commit...
Section 8-25-4 - Reinstatement of Agreement After Failure to Make Timely Payment.
A consumer who fails to make a timely rental payment may reinstate an agreement without losing any rights or options previously acquired, by taking the...
Section 8-25-5 - Required Provisions in Advertisements.
An advertisement for a rental-purchase agreement that states the amount of a payment or the right to acquire ownership of any one particular item under...
Section 8-25-6 - Damages and Fees Recoverable for Violations of Chapter; Nonliability Where Merchant Discovers Error, Gives Notice, and Makes Adjustments.
(a) A consumer damaged by a violation of this chapter by a merchant is entitled to recover from the merchant: (1) Actual damages; (2) Twenty-five...
Last modified: November 15, 2016