(a) An advertisement for any lease-purchase agreement shall not state that a specific lease of any property at specific amounts or terms is available unless the lessor usually and customarily leases or will lease the property at those amounts or terms.
(b) An advertisement for any lease-purchase agreement shall not state that a payment or a periodic payment is due at the start of a lease of a specific item without disclosing both the payment due at the start of the lease, the periodic payment, the cost of lease services, and the total of all periodic payments necessary to obtain ownership.
Section: Previous 10-1-680 10-1-681 10-1-682 10-1-683 10-1-684 10-1-685 10-1-686 10-1-687 10-1-688 10-1-689 NextLast modified: October 14, 2016