Trade-in vehicle
Sec. 9. A trade-in vehicle used, in whole or in part, to pay
amounts due at lease signing or delivery of the vehicle must be
identified as a trade-in vehicle in the lease agreement and identified
by year, make, and model. The lease agreement must state the net
credit of the trade-in vehicle used to pay amounts due at lease signing
or delivery of the vehicle.
As added by P.L.86-1996, SEC.8. Amended by P.L.74-1998, SEC.2.
Last modified: May 27, 2006