§481M-10 Remedies of lessee. (a) In case of a violation by a lessor of any provision of this chapter with respect to any lease-purchase agreement, the lessee may bring a suit in any court of competent jurisdiction to recover actual damages from the lessor, or may set off or counterclaim in any action by the lessor. If the court finds that any violation by the lessor has occurred, the court shall award to the lessee a minimum recovery of $250 or twenty-five per cent of the total cost to acquire ownership under the lease-purchase agreement, whichever is greater.
(b) The remedies specified in subsection (a) shall be in addition to any other remedies provided by law.
(c) In any action brought pursuant to this section, the court shall award the prevailing party the costs of the action and reasonable attorney fees. [L 1997, c 248, pt of §1; am L 2008, c 19, §31]
Structure Hawaii Revised Statutes
Title 26. Trade Regulation and Practice
481M. Lease-Purchase Agreements for Personal Property
481M-2 Lease-purchase agreement defined.
481M-3 Agreements exempt from other laws.
481M-4 Provisions prohibited in agreements.
481M-5 Limit on total lease payments.
481M-8 Assignee liability and notice of assignment.
481M-9 Unfair or deceptive acts or practices.
481M-13 Disclosure of information.
481M-14 Information required in disclosure.
481M-15 Reinstatement of agreement and repossession.
481M-16 Written receipts for cash or money order.