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    • Legislation USA
    • Delaware Code
    • Title 21 - Motor Vehicles
    • Chapter 23. TITLE AND LIENS
    • Subchapter II. Liens
    • § 2342. Terminal rental adjustment clauses.

    Delaware Code
    Subchapter II. Liens
    § 2342. Terminal rental adjustment clauses.

    In the case of motor vehicles or trailers, notwithstanding any other provision of law, a transaction does not create a sale or security interest merely because it provides that the rental price is permitted or required to be adjusted under the agreement either upward or downward by reference to the amount realized upon sale or other disposition of the motor vehicle or trailer.

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    Structure Delaware Code

    Delaware Code

    Title 21 - Motor Vehicles

    Chapter 23. TITLE AND LIENS

    Subchapter II. Liens

    § 2331. Evidence of liens on application for a certificate of title.

    § 2332. Notation of liens and encumbrances on certificate of title.

    § 2333. Uniform Commercial Code — Filing requirements not applicable when there is compliance with this title.

    § 2334. Uniform Commercial Code — Requirements applicable to security interest in inventory of motor vehicles.

    § 2335. Application for recording lien upon motor vehicle where certificate is outstanding [For applicability of this section, see 80 Del. Laws, c. 77, § 23].

    § 2336. Recording liens; fee.

    § 2337. Priority of liens.

    § 2338. Duration of liens in favor of firms which cease to do business.

    § 2339. Satisfaction of liens.

    § 2340. Failure to satisfy lien after payment; satisfaction by Secretary; penalty.

    § 2341. Transfer of title without disclosure of liens.

    § 2342. Terminal rental adjustment clauses.

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