Provisions prohibited in agreements

SDCL § 54-6A-6 — under LEASE-PURCHASE AGREEMENTS FOR PERSONAL PROPERTY.

SDCL § 54-6A-6

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 consumer of claims or defenses; or (6) A provision authorizing the lessor or a person acting on the lessor's behalf to enter upon the consumer's premises or to commit any breach of the peace in the repossession of goods. Source: SL 1991, ch 393 , § 6.