§481M-4 - Provisions prohibited in agreements. - Hawaii Statutes

     §481M-4  Provisions prohibited in agreements.  A lease-purchase agreement may not contain:

     (1)  A confession of judgment;

     (2)  A negotiable instrument;

     (3)  A security interest or any other claim of a property interest in any goods except those goods delivered by the lessor pursuant to the lease-purchase agreement;

     (4)  A wage assignment;

     (5)  A waiver by the lessee of claims or defenses; or

     (6)  A provision authorizing the lessor or a person acting on the lessor's behalf to enter upon the lessee's premises or to commit any breach of the peace in the repossession of goods. [L 1997, c 248, pt of §1; am L 2008, c 19, §29]