§437D-12 - Deposit or advance charge prohibited; payment for damages to rental motor vehicle.
[§437D-12] Deposit or advance charge
prohibited; payment for damages to rental motor vehicle. No lessor
shall require a deposit or an advance charge against the credit card of a
lessee, in any form, for damages to a vehicle which is in the lessee's possession,
custody, or control. No lessor shall require any payment for damages to the
rental vehicle, upon the lessee's return of the vehicle in a damaged condition,
until after the cost of the damage to the vehicle and liability therefor is
agreed to between the lessor and lessee or is determined pursuant to law. [L
1988, c 251, pt of §2]