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.”.