Montana Statutes
§ 30-19-115 — Advertisement Of Rental-Purchase Agreement
Montana·Title 30 TRADE AND COMMERCE·Ch. 19 RENTAL AND RENTAL-PURCHASE AGREEMENTS·Part 1 Montana Rental-Purchase Agreement Act
30-19-115 . Advertisement of rental-purchase agreement.
(1)An advertisement for an agreement that refers to or states the monetary amount of any payment and the right to acquire ownership of property must clearly and conspicuously state:
(a)that the transaction advertised is a rental-purchase agreement;
(b)the total payments necessary to acquire ownership of any specific item; and
(c)that the consumer acquires no ownership interest if the total amount necessary to acquire the property is not paid.
(2)An owner or employee of an advertising enterprise preparing or providing advertising to an entity offering rental-purchase agreements is not liable for omissions or errors in advertisements.
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Legislative History
En. Sec. 11, Ch. 263, L. 2001.
Nearby Sections
13
§ 30-19-101
Short Title§ 30-19-102
Purpose§ 30-19-103
Definitions§ 30-19-104
Exemptions Of Applicability§ 30-19-105
Through 30-19-108 Reserved§ 30-19-109
Disclosure Of Information§ 30-19-110
Information Required In Disclosure§ 30-19-111
Provisions Prohibited In Agreements§ 30-19-112
Reinstatement Of Agreement -- Repossession§ 30-19-113
Written Receipt For Cash Or Money Order§ 30-19-115
Advertisement Of Rental-Purchase Agreement§ 30-19-116
Enforcement -- Bona Fide Errors