559.9232 – Definitions; exclusion of rental-purchase agreements from certain regulations.
559.9232 Definitions; exclusion of rental-purchase agreements from certain regulations.— (1) As used in this act, the term: (a) “Cash price” means the price at which the lessor, in the ordinary course of business, would offer to sell for cash the property or service that is the subject of the rental-purchase agreement. The term “cash price” may include the […]