537.3603  Exclusions.

This part does not apply to, and an agreement which complies with this part is not governed by, the provisions regarding:

1.  A consumer credit sale as defined in section 537.1301, subsection 12.

2.  A consumer lease as defined in section 537.1301, subsection 13.

3.  A consumer loan as defined in section 537.1301, subsection 14.

4.  A lease or agreement which constitutes a "credit sale" as defined in 12 C.F.R. § 226.2(a16), and the Truth In Lending Act, 15 U.S.C. § 1602(g), or an agreement which constitutes a "sale of goods" under section 537.1301, subsection 36.

5.  A lease which constitutes a consumer lease as defined in 12 C.F.R. § 213.2(a6).

6.  A lease or agreement which constitutes a security interest as defined in section 554.1201, subsection 37.

Section History: Recent form

  87 Acts, ch 80, §3; 88 Acts, ch 1134, §97


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