§481M-3 - Agreements exempt from other laws. - Hawaii Statutes

     [§481M-3]  Agreements exempt from other laws.  (a)  Lease-purchase agreements are not subject to:

     (1)  Chapter 476; and

     (2)  Article 2A or 9 of chapter 490.

     (b)  This chapter does not apply to the following:

     (1)  Lease-purchase agreements primarily for business, commercial, or agricultural purposes, or those made with governmental agencies or instrumentalities or with organizations;

     (2)  A lease of a safe deposit box;

     (3)  A lease or bailment of personal property which is incidental to the lease of real property, and which provides that the lessee has no option to purchase the leased property; or

     (4)  A lease of a motor vehicle. [L 1997, c 248, pt of §1]