Va. Code § 59.1-207.22

Current with changes from the 2024 legislative session through ch. 845

Section 59.1-207.22 - Prohibited practices

A lease-purchase agreement may not contain:

1. A confession of judgment;

2. A negotiable instrument;

3. A security interest or any other claim of a property interest in any goods except those goods delivered by the lessor pursuant to the lease-purchase agreement;

4. A wage assignment;

5. A waiver by the consumer of claims or defenses; or

6. A provision authorizing the lessor or a person acting on the lessor's behalf to enter upon the consumer's premises or to commit any breach of the peace in the repossession of goods.

Va. Code § 59.1-207.22

1988, c. 24.

Amended by Acts 1988, § c.24.