Commercial Law – General Regulatory Provisions

CHAPTER 6-13.1
Deceptive Trade Practices

SECTION 6-13.1-17

§ 6-13.1-17. Contracts – Provision to sell real estate.

It is unlawful for any person, firm, partnership, corporation, or association to provide in any contract for the purchase of consumer goods or documents related to them a provision allowing the seller the power to sell or attach real estate for default without first obtaining an order by a court exercising proper jurisdiction of the subject matter.

History of Section.
(P.L. 1982, ch. 280, § 1; P.L. 2014, ch. 528, § 10.)