LRBa2231/1
ARG:klm
2017 - 2018 LEGISLATURE
ASSEMBLY AMENDMENT 1,
TO ASSEMBLY SUBSTITUTE AMENDMENT 1,
TO ASSEMBLY BILL 759
February 20, 2018 - Offered by Representative Petryk.
AB759-ASA1-AA1,1,11 At the locations indicated, amend the substitute amendment as follows:
AB759-ASA1-AA1,1,2 21. Page 13, line 18: after that line insert:
AB759-ASA1-AA1,1,7 3(5) Rental-purchase agreement expiration; late payments. A
4rental-purchase agreement may not provide that the agreement expires or ends less
5than 5 days after the scheduled due date of a payment necessary to renew the
6agreement. A lessee's renewal payment within 5 days after its scheduled due date
7shall not be considered to be past due or late.”.
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