Notwithstanding other provisions of law, a transaction involving a motor vehicle or trailer does not create a sale or security interest merely because the transaction provides that the rental price is permitted or required to be adjusted under the agreement either upward or downward by reference to the amount realized upon the sale or other disposition of the motor vehicle or trailer.
Section: Previous 28.10.371 28.10.375 28.10.380 28.10.381 28.10.390 28.10.391 28.10.400 28.10.401 28.10.410 NextLast modified: November 15, 2016