Connecticut § 42-408 Prohibited lease provisions.

Connecticut Statutes

§ 42-408 — Prohibited lease provisions.

Connecticut·Title 42 Business, Selling, Trading and Collection Practices·Ch. 743aa Consumer Leases

(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.

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(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.

Connecticut § 42-408 (Prohibited lease provisions.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.