In addition to rental payments, a merchant may contract for and receive the following charges or fees.
1. An initial administrative fee not to exceed $15 may be assessed but the fee must be refunded to the consumer if the rental agreement is not consummated. If a consumer enters into more than one rental-purchase agreement with a merchant on the same day, only one initial administrative fee may be assessed.
2. An optional delivery charge may not exceed $30 for 3 or fewer items actually delivered or $60 for 4 or more items actually delivered.
3. An optional payment pick-up fee may not exceed $7.50 and may be assessed only once per payment.
4. A liability damage waiver fee may be contracted for and received pursuant to section 11‑115.