New Hampshire Statutes
§ 261:23-a — Terminal Rental Adjustment Clause; Vehicle Leases That are Not Sales or Security Interests
New Hampshire § 261:23-a
JurisdictionNew Hampshire
Title XXIMOTOR VEHICLES
Ch. 261CERTIFICATES OF TITLE AND REGISTRATION OF VEHICLES
SubdivisionCertificate of Title
This text of New Hampshire § 261:23-a (Terminal Rental Adjustment Clause; Vehicle Leases That are Not Sales or Security Interests) is published on Counsel Stack Legal Research, covering New Hampshire primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
N.H. Rev. Stat. Ann. § 261:23-a (2026).
Text
Notwithstanding any other provision of law, a transaction involving a motor vehicle or a trailer 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.
Free access — add to your briefcase to read the full text and ask questions with AI
Legislative History
1994, 395:2, eff. Jan. 1, 1995.
Nearby Sections
2
Cite This Page — Counsel Stack
Bluebook (online)
New Hampshire § 261:23-a, Counsel Stack Legal Research, https://law.counselstack.com/statute/nh/261/261%3A23-a.