Sec. 42-250. Advertisement of rent-to-own agreements. Disclosure. - Connecticut Statutes

      Sec. 42-250. Advertisement of rent-to-own agreements. Disclosure. (a) An advertisement for a rent-to-own agreement that refers to or states the amount of a payment and the right to acquire ownership of any one particular item under the agreement shall clearly and conspicuously state:

      (1) That the transaction advertised is a rent-to-own agreement;

      (2) The total number of payments and the total amount to be paid to acquire ownership;

      (3) The circumstances under which the consumer can acquire ownership of the property.

      (b) Any personal property displayed or offered under a rent-to-own agreement shall bear a tag which clearly and conspicuously indicates:

      (1) The cash price of the property;

      (2) The amount of the periodic payment; and

      (3) The total amount that must be paid to acquire ownership of the property.

      (P.A. 91-162, S. 11, 18.)