There is a newer version of the Massachusetts General Laws
2006 Massachusetts Code - CHAPTER 255B. — RETAIL INSTALMENT SALES OF MOTOR VEHICLES.
- Section 1. Definitions.
- Section 2. Sales finance companies; licenses;application; fees; assignment or transfer.
- Section 3. Rules and regulations; keeping of records relating to compliance;annual report — failure to file, penalty.
- Section 4. Summoning of licensees; failure to appear; effect.
- Section 5. Refusal to issue license; notice; appeal; hearing.
- Section 6. Violations of this chapter; investigations by commissioner.
- Section 7. Revocation or suspension of license; grounds.
- Section 8. Revocation or suspension of license; procedure.
- Section 9. Contracts; form and contents.
- Section 10. Life or accident and health or involuntary unemployment insurance charges; prepayment;refunds; death benefits; disclosure statements; violations.
- Section 11. Delinquency and collection charge; amount.
- Section 12. Signing of contract; effect of blank spaces; exceptions; buyer's writtenacknowledgment.
- Section 13. Copy of contract; delivery to buyer; failure to deliver; effect;cancellation of contract.
- Section 14. Finance charges; rate; computation.
- Section 14A. Repealed — 1981, 733, Sec. 8.
- Section 15. Full payment by buyer; duty of holder of retail instalment contract.
- Section 16. Payment in full before maturity; refund credit.
- Section 17. Deferment or renewal of payment dates; refinancing; computation of rates;rebates.
- Section 18. Sale or assignment of contracts.
- Section 19. Statement of payments; forwarding to buyer; receipts for payments.
- Section 19A. Defenses of buyer against seller; holder of contract subject thereto.
- Section 20. Non-enforceability of certain provision of contract.
- Section 20A. Default; enforcement; notice; accelerated payment; curing of default.
- Section 20B. Repossession of collateral on default; hearing; redemption; disposition;deficiency; insurance proceeds; determination of value.
- Section 20C. Repossession of motor vehicle; notice to police.
- Section 21. Penalties.
- Section 22. Violation of secs. 9--14; effect.
- Section 23. Waiver of provisions of this chapter; effect.
- Section 24. Severability of law.
- Section 25. Truth-in-lending act; application.
Disclaimer: These codes may not be the most recent version. Massachusetts may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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