30-19-111. Provisions prohibited in agreements. A rental-purchase agreement may not contain:
     (1) a confession of judgment;
     (2) a negotiable instrument;
     (3) a security interest or any other claim of property interest in any property except the property delivered by the lessor pursuant to the rental-purchase agreement;
     (4) a wage assignment;
     (5) a waiver of claims or defenses by the consumer; and
     (6) a provision authorizing the lessor or any person acting on the lessor's behalf to enter the consumer's premises or to commit any breach of the peace in the repossession of property.

     History: En. Sec. 7, Ch. 263, L. 2001.