Connecticut Statutes
§ 14-167a — Vehicle lease with terminal rental adjustment clause; not sale or security interest.
Connecticut·Title 14 Motor Vehicles. Use of the Highway By Vehicles. Gasoline·Ch. 247 Uniform Motor Vehicle Certificate of Title and Antitheft Act
Notwithstanding any provision of the general statutes, in the case of motor vehicles or trailers, a transaction does not create a sale or security interest merely because it provides that the rental price is permitted or required to be adjusted under the agreement either upward or downward by reference to the amount realized upon sale or other disposition of the motor vehicle or trailer.
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Connecticut § 14-167a (Vehicle lease with terminal rental adjustment clause; not sale or security interest.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
(P.A. 96-162, S. 1.)
Nearby Sections
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§ 14-1
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§ 14-100c§ 14-101
Turn signals.§ 14-103
Inspection of motor vehicles.