W. Va. Code R. § 142-21-1
Current through Register Vol. XLI, No. 25, June 21, 2024
Section 142-21-1 - General1.1. Rule Designation. -- This rule is legislative. 1.2. Scope. -- This legislative rule sets forth specific disclosure requirements for certain types of rental-purchase agreements as consumer leases, and defines certain deceptive acts or practices. 1.3. Authority.-- W. Va. Code § 46A-7-102(1)(e) and § 46A-6-103. - .1.6. Penalties.-- Except as otherwise indicated, a violation of this rule constitutes an unfair and deceptive act or practice in violation of the West Virginia Consumer Credit and Protection Act, W. Va. Code § 45A-1-101 et seq.1.7. Construction. -- This rule shall be liberally construed to effectuate the purposes of the West Virginia Consumer Credit and Protection Act, W. Va. Code § 46A-1-101et seq. 1.8. Severability. -- If, for any reason, any section, subsection, sentence, clause, phrase, or provision of this rule or the application thereof to any person or circumstance is held unconstitutional or invalid, the holding shall not affect other sections, subsections, sentences, clausesc phrases, or provisions which are hereby each declared severable. W. Va. Code R. § 142-21-1