Massachusetts General Laws
Chapter 255b - Retail Instalment Sales of Motor Vehicles
Section 9 - Contracts; Form and Contents

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

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 1 - Definitions

Section 2 - Licenses; Application; Fees; Assignment or Transfer; Multi-State Licensing System

Section 3 - Rules and Regulations; Examinations by Commissioner, Accountant; Preservation of Business Records; Service of Subpoena; Annual Report, Failure to File, Fine

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 10 - Life or Accident and Health or Involuntary Unemployment Insurance Charges; Prepayment; Refunds; Death Benefits; Disclosure Statements; Violations

Section 11 - Delinquency and Collection Charge; Amount

Section 12 - Signing of Contract; Effect of Blank Spaces; Exceptions; Buyer's Written Acknowledgment

Section 13 - Copy of Contract; Delivery to Buyer; Failure to Deliver; Effect; Cancellation of Contract

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 20b - Repossession of Collateral on Default; Hearing; Redemption; Disposition; Deficiency; Insurance Proceeds; Determination of Value

Section 20c - Repossession of Motor Vehicle; Notice to Police

Section 21 - Penalties

Section 22 - Violation of Secs. 9 to 14 or Secs. 18 to 20; Effect

Section 23 - Waiver of Provisions of This Chapter; Effect

Section 24 - Severability of Law

Section 25 - Truth-in-Lending Act; Application