Amendment AA3-AB433

LRBa0869/1

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1997 - 1998 LEGISLATURE

ASSEMBLY AMENDMENT 3, TO 1997 ASSEMBLY BILL 433

October 8, 1997 - Offered by Committee on Financial Institutions.

AB433-AA3,1,1 At the locations indicated, amend the bill as follows:

AB433-AA3,1,2 1. Page 7, line 16: after that line insert:

AB433-AA3,1,3 " Section 24m. 429.203 (3) (fm) of the statutes is created to read:

AB433-AA3,1,8 429.203 (3) (fm) A statement on early termination of the consumer lease in substantially the following language: "Early termination. You may have to pay a substantial charge if you end this consumer lease early. The charge may be up to several thousand dollars. The actual charge will depend on when the lease is terminated. The earlier you end the lease, the greater the charge is likely to be."".

AB433-AA3,1,9 (End)