Sec. 42-408. Prohibited lease provisions. - Connecticut Statutes

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Statutes > Connecticut > Title42 > Chap743aa > Sec42-408

      Sec. 42-408. Prohibited lease provisions. (a) A provision of a consumer lease may not:

      (1) Authorize the holder to accelerate the maturity of all or part of the amount owing on the lease whenever the holder deems itself insecure;

      (2) Require the lessee to execute an authorization to confess judgment or an assignment of wages; or

      (3) Authorize the holder or another person to enter upon the lessee's premises or to commit a breach of the peace in the repossession of the goods.

      (b) A provision prohibited by this section is unenforceable but does not otherwise affect the validity of the lease.

      (P.A. 02-81, S. 19.)

      History: P.A. 02-81 effective July 1, 2003.

State Codes and Statutes

Statutes > Connecticut > Title42 > Chap743aa > Sec42-408

      Sec. 42-408. Prohibited lease provisions. (a) A provision of a consumer lease may not:

      (1) Authorize the holder to accelerate the maturity of all or part of the amount owing on the lease whenever the holder deems itself insecure;

      (2) Require the lessee to execute an authorization to confess judgment or an assignment of wages; or

      (3) Authorize the holder or another person to enter upon the lessee's premises or to commit a breach of the peace in the repossession of the goods.

      (b) A provision prohibited by this section is unenforceable but does not otherwise affect the validity of the lease.

      (P.A. 02-81, S. 19.)

      History: P.A. 02-81 effective July 1, 2003.

State Codes and Statutes

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State Codes and Statutes

Statutes > Connecticut > Title42 > Chap743aa > Sec42-408

      Sec. 42-408. Prohibited lease provisions. (a) A provision of a consumer lease may not:

      (1) Authorize the holder to accelerate the maturity of all or part of the amount owing on the lease whenever the holder deems itself insecure;

      (2) Require the lessee to execute an authorization to confess judgment or an assignment of wages; or

      (3) Authorize the holder or another person to enter upon the lessee's premises or to commit a breach of the peace in the repossession of the goods.

      (b) A provision prohibited by this section is unenforceable but does not otherwise affect the validity of the lease.

      (P.A. 02-81, S. 19.)

      History: P.A. 02-81 effective July 1, 2003.