Mass. Gen. Laws ch. 90D § 21A

Current through Chapter 89 of the 2024 Legislative Session
Section 90D:21A - Adjustment of rental price upon sale or other disposition of motor vehicle or trailer

In the case of motor vehicles or trailers, notwithstanding any other provision of law to the contrary, a transaction 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.

Mass. Gen. Laws ch. 90D, § 21A