LRBa2687/1
ARG:kjf:jm
2011 - 2012 LEGISLATURE
ASSEMBLY AMENDMENT 3,
TO 2011 ASSEMBLY BILL 582
March 6, 2012 - Offered by Representative Hintz.
AB582-AA3,1,11 At the locations indicated, amend the bill as follows:
AB582-AA3,1,2 21. Page 5, line 6: after that line insert:
AB582-AA3,1,8 3"420.025 Required disclosure. Before the time that a lessee becomes legally
4obligated under a rental-purchase agreement, the rental-purchase company shall
5provide the lessee with a written statement detailing the cumulative total cost of the
6rental property if the lessee were to acquire ownership of the rental property after
76 months, after 12 months, and after 24 months following the date a rental-purchase
8agreement is executed.".
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