Code of Virginia - Title 59.1 Trade And Commerce - Section 59.1-207.22 Prohibited practices

§ 59.1-207.22. Prohibited practices

A lease-purchase agreement may not contain:

1. A confession of judgment;

2. A negotiable instrument;

3. A security interest or any other claim of a property interest in any goods except those goods delivered by the lessor pursuant to the lease-purchase agreement;

4. A wage assignment;

5. A waiver by the consumer of claims or defenses; or

6. A provision authorizing the lessor or a person acting on the lessor's behalf to enter upon the consumer's premises or to commit any breach of the peace in the repossession of goods.

(1988, c. 24.)

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Last modified: April 3, 2009