§8-25-5. Required provisions in advertisements.  


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  • An advertisement for a rental-purchase agreement that states the amount of a payment or the right to acquire ownership of any one particular item under the agreement must clearly and conspicuously state:

    (1) That the transaction advertised is a rental-purchase agreement and

    (2) The total amount and the number of payments necessary to acquire ownership.

(Acts 1986, No. 86-497, p. 945, §5.)