[§437-31.5]  New or used motor vehicle sales
and lease contracts.  Regardless of whether or not the buyer has taken
possession of the motor vehicle, a new or used motor vehicle purchase or lease
agreement by a salesperson or dealer shall be void if the agreement is
contingent upon the financing of the purchase and, pursuant to the financing or
credit application signed at the time of purchase, the buyer is unable to
qualify. [L 1999, c 216, §1]