Title 42 — Title 42: Business, Selling, Trading and Collection Practices
63 chapters · 472 sections in this title.
Conn. Gen. Stat. § 42-240 Definitions.
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Sec. 42-240. Definitions. As used in sections 42-240 to 42-253, inclusive: (1) “Advertisement” means any oral, written or graphic statement or representation made in connection with the solicitation of business in any manner by a lessor and includes, but is not limited to, statem…
Conn. Gen. Stat. § 42-241 Written agreement. Information which must be disclosed.
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Sec. 42-241. Written agreement. Information which must be disclosed. (a) A rent-to-own agreement shall be a written statement and shall include the following information in the following order: (1) A brief description of the rented property, sufficient to identify the property to…
Conn. Gen. Stat. § 42-242 Prohibited provisions.
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Sec. 42-242. Prohibited provisions. (a) A rent-to-own agreement shall not contain a provision requiring: (1) A garnishment of wages, a power of attorney to confess a judgment or an assignment of wages; (2) Authorization to the lessor or a person acting on the lessor's behalf to u…
Conn. Gen. Stat. § 42-243 Lessor prohibited from imposing certain charges upon lessee. Permitted charges.
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Sec. 42-243. Lessor prohibited from imposing certain charges upon lessee. Permitted charges. A lessor shall not charge a lessee for: (1) Any insurance whether in connection with the transaction or otherwise, except that a charge may be made for property insurance for the rented p…
Conn. Gen. Stat. § 42-244 Prohibited provisions void. Agreement not otherwise affected.
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Sec. 42-244. Prohibited provisions void. Agreement not otherwise affected. Any provision in a rent-to-own agreement which is prohibited by sections 42-240 to 42-253, inclusive, shall be void, but shall not otherwise affect the validity of the rent-to-own agreement. (P.A. 91-162, …
Conn. Gen. Stat. § 42-245 Liability damage waiver. Fee. Notice. Prohibitions and requirements.
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Sec. 42-245. Liability damage waiver. Fee. Notice. Prohibitions and requirements. In addition to the other charges permitted by section 42-243, the parties may contract for a liability waiver fee not to exceed seven and one-half per cent of any periodic rental payment. The sellin…
Conn. Gen. Stat. § 42-246 Reinstatement of terminated agreement.
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Sec. 42-246. Reinstatement of terminated agreement. (a) If the property is returned to the lessor other than through judicial process, the lessee shall be entitled to reinstate the terminated agreement as follows: (1) If the lessee has paid less than one-third of the total amount…
Conn. Gen. Stat. § 42-247 Written notice of assignment of lessor's right to receive payment under the agreement.
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Sec. 42-247. Written notice of assignment of lessor's right to receive payment under the agreement. The lessee shall pay the original lessor until the lessee receives written notification of an assignment of the lessor's rights to payment pursuant to a rent-to-own agreement and t…
Conn. Gen. Stat. § 42-248 Limit on total rental payments. Lessee to acquire ownership when fifty per cent of all rental payments made by lessee equals cash price of rented property. Termination of agreement.
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Sec. 42-248. Limit on total rental payments. Lessee to acquire ownership when fifty per cent of all rental payments made by lessee equals cash price of rented property. Termination of agreement. (a) No lessor shall offer a rent-to-own agreement in which the total of rental paymen…
Conn. Gen. Stat. § 42-249 Lessee's early purchase option.
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Sec. 42-249. Lessee's early purchase option. At any time after the initial payment, the lessee may acquire ownership of the property by tendering an amount equal to the cash price of the property minus fifty per cent of all previous renewal payments made. (P.A. 91-162, S. 10, 18.…
Conn. Gen. Stat. § 42-250 Advertisement of rent-to-own agreements. Disclosure.
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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 st…
Conn. Gen. Stat. § 42-251 Violations. Lessee's right to minimum recovery, set-off and counterclaim. Attorney's fees and court costs.
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Sec. 42-251. Violations. Lessee's right to minimum recovery, set-off and counterclaim. Attorney's fees and court costs. (a) A violation of any provision of sections 42-240 to 42-253, inclusive, shall be deemed an unfair or deceptive trade practice under subsection (a) of section …
Conn. Gen. Stat. § 42-252 Lessor's obligations.
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Sec. 42-252. Lessor's obligations. A lessor shall have the same obligations as a seller under sections 42a-1-304, 42a-2-302 and 42a-2-312 to 42a-2-318, inclusive, and the same obligations as a creditor under sections 36a-645 to 36a-647, inclusive. Any rent-to-own agreement shall …
Conn. Gen. Stat. § 42-253 Action must be brought within three years.
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Sec. 42-253. Action must be brought within three years. No action shall be brought under the provisions of sections 42-240 to 42-253, inclusive, more than three years after the person bringing the action knew or should have known of the occurrence of the alleged violation. (P.A. …
Conn. Gen. Stat. §§ 42-254 to 42-259 42-254 to 42-259
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Secs. 42-254 to 42-259. Reserved for future use.