There Is a Newer Version of the Delaware Code
2016 Delaware Code
Title 21 - Motor Vehicles
CHAPTER 23. TITLE AND LIENS
Subchapter II Liens
§ 2342. Terminal rental adjustment clauses.
21 DE Code § 2342 (2016) What's This?
In the case of motor vehicles or trailers, notwithstanding any other provision of law, a transaction does not create a sale or security interest merely because it provides that the rental price is permitted or required to be adjusted under the agreement either upward or downward by reference to the amount realized upon sale or other disposition of the motor vehicle or trailer.
70 Del. Laws, c. 433, ยง 1.;
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