16a-3-401. (UCCC) Restriction on liability in consumer lease.
The obligation of a lessee upon expiration of a consumer lease may not exceed twice the average payment allocable to a monthly period under the lease. This limitation does not apply to charges for damages to the leased property or for other default.
History: L. 1973, ch. 85, § 56; L. 1981, ch. 93, § 11; July 1.