2012 Massachusetts General Laws
PART I ADMINISTRATION OF THE GOVERNMENT(Chapters 1 through 182)
TITLE XIV PUBLIC WAYS AND WORKS
CHAPTER 90D MOTOR VEHICLE CERTIFICATES OF TITLE
Section 21A Motor vehicles or trailers; limitation on creation of sale or security interest


MA Gen L ch 90D § 21A What's This?

Section 21A. In the case of motor vehicles or trailers, notwithstanding any other provision of law to the contrary, 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.

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.