§481M-12 - Waivers.

     §481M-12  Waivers.  A lessor shall not require a lessee to waive:

     (1)  Service of process;

     (2)  Any defense;

     (3)  Any counterclaim; or

     (4)  Right of action against the lessor or a person acting on the lessor's behalf as the lessor's agent;

in collection of payments under the lease-purchase agreement or in repossession of the leased property. [L 1997, c 248, pt of §1; am L 2008, c 19, §32]