30-19-111. Provisions prohibited in agreements. A rental-purchase agreement may not contain:
(1) a confession of judgment;
(2) a negotiable instrument;
(3) a security interest or any other claim of property interest in any property except the property delivered by the lessor pursuant to the rental-purchase agreement;
(4) a wage assignment;
(5) a waiver of claims or defenses by the consumer; and
(6) a provision authorizing the lessor or any person acting on the lessor's behalf to enter the consumer's premises or to commit any breach of the peace in the repossession of property.
History: En. Sec. 7, Ch. 263, L. 2001.
Structure Montana Code Annotated
Chapter 19. Rental and Rental-Purchase Agreements
Part 1. Montana Rental-Purchase Agreement Act
30-19-104. Exemptions of applicability
30-19-105. through 30-19-108 reserved
30-19-109. Disclosure of information
30-19-110. Information required in disclosure
30-19-111. Provisions prohibited in agreements
30-19-112. Reinstatement of agreement -- repossession
30-19-113. Written receipt for cash or money order
30-19-114. Renegotiation of rental-purchase agreement -- extension not considered renegotiation