§ 8-25-5 — Required Provisions in Advertisements

An advertisement for a rental-purchase agreement that states the amount of a payment or the right to acquire ownership of any one particular item under the agreement must clearly and conspicuously state:
(1) That the transaction advertised is a rental-purchase agreement and
(2) The total amount and the number of payments necessary to acquire ownership.

Legislative History

(Acts 1986, No. 86-497, p. 945, §5.)