Text: HF02255 Text: HF02257 Text: HF02200 - HF02299 Text: HF Index Bills and Amendments: General Index Bill History: General Index
PAG LIN
1 1 Section 1. Section 321.127, Code 2003, is amended by
1 2 adding the following new subsection:
1 3 NEW SUBSECTION. 5. If a motor vehicle is leased and the
1 4 lessee surrenders possession of the vehicle to the lessor
1 5 prior to the expiration of the lease agreement, the lessor
1 6 shall refund to the lessee the amount of any registration fee
1 7 refund for the leased motor vehicle obtainable by the lessor
1 8 pursuant to this chapter.
1 9 EXPLANATION
1 10 This bill provides that the lessor of a motor vehicle must
1 11 credit the lessee with any refundable motor vehicle
1 12 registration fees if the vehicle is surrendered to the lessor
1 13 prior to expiration of the lease.
1 14 LSB 6230YH 80
1 15 dea/cf/24
Text: HF02255 Text: HF02257 Text: HF02200 - HF02299 Text: HF Index Bills and Amendments: General Index Bill History: General Index
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