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Bill Title: Prohibits disclosure terms "down payment", "money down", or any similar language to describe lump sum payments in order to reduce monthly lease payments. Provides that lump sum payments are non-refundable in the event of a total loss of the vehicle.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced) 2024-03-26 - Committee recommended measure be held for further study [H7943 Detail]

Download: Rhode_Island-2024-H7943-Introduced.pdf

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