Exempted transactions
Known as the The Rhode Island Rental Purchase Agreement Act
The act spans §§ 6–6 (10 sections).
Applied in 1 court decision — leading case Aple Auto Cash Express, Inc. of Oklahoma v. State Ex Rel. Oklahoma Department of Consumer Credit (2003)
Most recently applied in Aple Auto Cash Express, Inc. of Oklahoma v. State Ex Rel. Oklahoma Department of Consumer Credit (October 2003)
P.L. 1989, ch. 481, § 1.
This chapter does not apply to:
(1) Agreements for the rental of property in which the person who rents the property has no legal right to become the owner of the property at the end of the rental period;
(2) A lease of a safe deposit box;
(3) Commercial leases or leases entered into by an organization;
(4) Any telecommunication equipment leases or rental agreements; or
(5) Any automobile, truck, or any other vehicular and automotive equipment leases or rental agreement.
Official source: Rhode Island General Assembly. Reproduced from public-domain Rhode Island statutes; confirm against the official source for the current text. Not legal advice.