§ 42-3671.11. Price cards.

Current through October 23, 2012

(a) Each item displayed or offered under a lease-purchase agreement shall bear a tag or card that indicates:

(1) The cash price of the item;

(2) The amount of the periodic payment;

(3) The total number and total amount of periodic payments necessary to acquire ownership; and

(4) Whether the item is new or previously rented.

(b) Notwithstanding the provisions of this section, a lessor may make the required disclosures in the form of a list or catalog which is readily available to a consumer if displaying a tag would be impractical due to the size of the merchandise. In addition, a lessor may make the required disclosures in the form of a list or catalog if the merchandise displayed can be purchased in a credit transaction or if the merchandise displayed represents only a sample of the merchandise available under a lease-purchase agreement.

                
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(Apr. 13, 2002, D.C. Law 14-99, § 12, 49 DCR 1000.)

HISTORICAL AND STATUTORY NOTES

Legislative History of Laws

For D.C. Law 14-99, see notes following § 42-3671.01.