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FL S1660
Bill
AI Summary
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Requires contracts executed contemporaneously with a retail installment contract for motor vehicle sales to be read and construed together, despite any merger or integration clause in the installment contract.
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Requires contracts executed contemporaneously with a motor vehicle lease agreement to be read and construed together with the lease, despite any merger or integration clause stating the lease is the only agreement.
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Restructures Section 521.004 disclosure requirements by renumbering existing subsections and adding new subsection (2) containing the motor vehicle lease integration clause provision.
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Takes effect July 1, 2012.
Legislative Description
Contracts for the Sale or Lease of a Motor Vehicle
Last Action
Died in Transportation
3/9/2012
Committee Referrals
Transportation1/17/2012
Full Bill Text
No bill text available