Section 11-102 - Purpose; rules of construction1. This Article must be liberally construed and applied to promote its underlying purposes and policies. [1991, c. 787(NEW).]
2. The underlying purposes and policies of this Article are to:A. Simplify, clarify and modernize the law governing rental-purchase agreements; [1991, c. 787(NEW).]B. Provide certain disclosures to consumers who enter into rental-purchase agreements and to promote consumer understanding of the terms of rental-purchase agreements; [1991, c. 787(NEW).]C. Protect consumers against unfair practices by some rental-purchase dealers, having due regard for the interests of legitimate and scrupulous rental-purchase dealers; and [1991, c. 787(NEW).]D. Permit and encourage the development of fair and economically sound rental-purchase practices. [1991, c. 787(NEW).] [1991, c. 787(NEW).]