Section 9. A retail instalment contract shall be in writing and shall be signed by both the buyer and the seller and shall be completed as to all essential provisions prior to the signing of the contract by the buyer. The printed portion of the contract shall be in at least eight point type. The contract shall contain, conspicuously printed or written: (1) a specific statement that liability insurance coverage for bodily injury and property damage caused to others is not included, if that is the case; and (2) the following notice: ''NOTICE TO THE BUYER: 1. Do not sign this contract if any of the spaces intended for the agreed terms to the extent of then available information are left blank. 2. You are entitled to an exact copy of the contract you signed. 3. Under the law, you have the following rights, among others:—(a) to pay off in advance the full amount due and to obtain a partial refund of the finance charge; (b) to redeem the property if repossessed for a default; (c) to require, under certain conditions, a resale of the property if repossessed''.
The contract shall contain the names of the seller and the buyer, the place of business of the seller, the residence or place of business of buyer as specified by the buyer, and a description of the motor vehicle, including its make, year model, model and identification numbers or marks.
Structure Massachusetts General Laws
Part III - Courts, Judicial Officers and Proceedings in Civil Cases
Title IV - Certain Writs and Proceedings in Special Cases
Chapter 255b - Retail Instalment Sales of Motor Vehicles
Section 2 - Licenses; Application; Fees; Assignment or Transfer; Multi-State Licensing System
Section 4 - Summoning of Licensees; Failure to Appear; Effect
Section 5 - Refusal to Issue License; Notice; Appeal; Hearing
Section 6 - Violations of This Chapter; Investigations by Commissioner
Section 7 - Revocation or Suspension of License; Grounds
Section 8 - Revocation or Suspension of License; Procedure
Section 9 - Contracts; Form and Contents
Section 11 - Delinquency and Collection Charge; Amount
Section 12 - Signing of Contract; Effect of Blank Spaces; Exceptions; Buyer's Written Acknowledgment
Section 14 - Finance Charges; Rate; Computation
Section 15 - Full Payment by Buyer; Duty of Holder of Retail Instalment Contract
Section 16 - Payment in Full Before Maturity; Refund Credit
Section 17 - Deferment or Renewal of Payment Dates; Refinancing; Computation of Rates; Rebates
Section 18 - Sale or Assignment of Contracts
Section 19 - Statement of Payments; Forwarding to Buyer; Receipts for Payments
Section 19a - Holder of Retail Installment Contract Subject to Buyer's Defenses Against Seller
Section 20 - Non-Enforceability of Certain Provision of Contract
Section 20a - Default; Enforcement; Notice; Accelerated Payment; Curing of Default
Section 20c - Repossession of Motor Vehicle; Notice to Police
Section 22 - Violation of Secs. 9 to 14 or Secs. 18 to 20; Effect
Section 23 - Waiver of Provisions of This Chapter; Effect