Rental purchase agreements.

Authors: Senator Travis Holdman, Senator Greg Walker

Sponsors: Representative Robert Heaton

Digest

Provides that a lessor that leases property under rental purchase agreements may, subject to certain conditions, offer for sale to members of the general public at the location where the lessor enters into rental purchase agreements: (1) property and services that were or may be the subject of a rental purchase agreement; and (2) property or services that are unrelated or only partially or indirectly related to the lessor's rental purchase agreement business.