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New Mexico Statutes Chapter 57. Trade Practices and Regulations § 57-26-4. General requirements of rental-purchase agreements

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A. Each rental-purchase agreement shall be in writing, dated, signed by the consumer and lessor and completed as to all essential provisions.

B. The printed or typed portion of the rental-purchase agreement, other than instructions for completion, shall be in a size equal to at least eight-point type.  The rental-purchase agreement shall be designated “rental-purchase agreement”.

C. The lessor shall deliver to the consumer, or mail to him at his address shown on the rental-purchase agreement, a copy of the agreement as accepted by the consumer.  Until the lessor does so, a consumer who has not received delivery of the rented goods shall have the right to rescind his rental-purchase agreement and receive a refund of all payments made.  An acknowledgment by the consumer of delivery of a copy of the rental-purchase agreement shall be in a size equal to at least ten-point bold type and, if contained in the agreement, shall appear directly above the consumer's signature.

D. The rental-purchase agreement shall contain the names of the lessor and consumer, the lessor's business address and the residence or other address of the consumer as specified by the consumer.

E. The lessor shall disclose to the consumer the information required by Section 5 of the Rental-Purchase Agreement Act on the face of the rental-purchase agreement above the line for the consumer's signature.  The disclosures shall be made at or before consummation of the rental-purchase agreement.  In a transaction involving more than one lessor, only one lessor need make the disclosures, but all lessors shall be bound by the disclosures.  If a disclosure becomes inaccurate as a result of any act, occurrence or any agreement by the consumer after delivery of the required disclosures, the resulting inaccuracy is not a violation of the Rental-Purchase Agreement Act.

F. A lessor who provides an advertisement in any language other than English shall have rental-purchase agreements printed in each non-English language of the advertisement and shall make those rental-purchase agreements available to consumers.

When used in this act, the following words and phrases shall have the following meanings:

“Administrator” shall mean an educator who holds a letter of eligibility, a commission, an administrative certificate or a supervisory certificate or who serves in a school entity in a position that supervises the educational operations of a school building, a school program or a school system.

“Certificate” shall mean any Commonwealth of Pennsylvania certificate, commission, letter of eligibility or permit issued under the act of March 10, 1949 (P.L. 30, No. 14),  1 known as the “Public School Code of 1949,” or under the act of January 28, 1988 (P.L. 24, No. 11),  2 known as the “Private Academic Schools Act.”  The term includes a certificate or letter of eligibility that is invalid or inactive as defined in 22 Pa. Code § 49.2 (relating to inactivity and invalidity).

“Charter or cyber charter school” shall mean a school established pursuant to Article XVII-A of the act of March 10, 1949 (P.L. 30, No. 14),  3 known as the “Public School Code of 1949.”

“Charter or cyber charter school staff member” shall mean an individual employed by a charter or cyber charter school in a position for which certification would be required in a public school other than a charter or cyber charter school but who is not required to hold certification under section 1724-A of the act of March 10, 1949 (P.L. 30, No. 14),  4 known as the “Public School Code of 1949.”  The term includes an individual who is an administrator, including the chief administrator or the individual with primary responsibility for the administration of the charter or cyber charter school.

“Chief school administrator” shall mean the superintendent or chief executive officer of a school district, the executive director of an intermediate unit, the director of an area vocational-technical school,   5 the chief administrator of a charter or cyber charter school, the director of a private academic school or the chief administrator of a contracted educational provider.

“Child” shall mean an individual who is less than 18 years of age.

“Commission” shall mean the Professional Standards and Practices Commission.

“Contracted educational provider” shall mean an individual or an entity with which a school entity has contracted to provide direct educational services to its students.

“Contracted educational provider staff member” shall mean a person who:

(1) serves in a position for which certification would be required in a public school;  and

(2) is employed by a contracted educational provider or by or in a school entity as an individual contracted educational provider.

The term includes an individual who is an administrator, including the chief administrator or the individual with primary responsibility for the administration of a contracted educational provider.

“Department” shall mean the Department of Education of the Commonwealth.

“Discipline” shall mean any of the following:

(1) Private reprimand.

(2) Public reprimand.

(3) Suspension.

(4) Revocation.

(5) Surrender.

(6) Supplemental sanctions.

“Educational specialist” shall mean a person who holds an educational specialist certificate issued by the Commonwealth, including, but not limited to, a certificate in the area of elementary school counselor, secondary school counselor, social restoration, school nurse, home and school visitor, school psychologist, dental hygienist, instructional technology specialist or nutrition service specialist.

“Educator” shall mean a person who holds a certificate, who is a charter or cyber charter school staff member or who is a contracted educational provider staff member.

“Indictment” shall include a bill of indictment, police criminal complaint, criminal information or other similar document.

“Private academic school” shall mean a school that is licensed to operate under the act of January 28, 1988 (P.L. 24, No. 11), known as the “Private Academic Schools Act.”

“Revocation” shall mean the termination of a certificate, the termination of the eligibility to be employed as a charter or cyber charter school staff member or the termination of the eligibility to be employed as a contracted educational provider staff member.

“School entity” shall mean a school district, intermediate unit, area vocational-technical school, charter or cyber charter school, private academic school or contracted educational provider.

“Secretary” shall mean the Secretary of Education of the Commonwealth.

“Sexual abuse or exploitation” shall have the meaning given to the term by 23 Pa.C.S. Ch. 63 (relating to child protective services).

“Sexual misconduct” shall mean any act, including, but not limited to, any verbal, nonverbal, written or electronic communication or physical activity, directed toward or with a child or a student regardless of the age of the child or student that is designed to establish a romantic or sexual relationship with the child or student.  Such prohibited acts include, but are not limited to, the following:

(1) sexual or romantic invitations;

(2) dating or soliciting dates;

(3) engaging in sexualized or romantic dialogue;

(4) making sexually suggestive comments;

(5) self-disclosure or physical exposure of a sexual, romantic or erotic nature;  or

(6) any sexual, indecent, romantic or erotic contact with the child or student.

“State Board” shall mean the State Board of Education.

“State Board of Private Academic Schools” shall mean the departmental administrative board as established by the act of January 28, 1988 (P.L. 24, No. 11), known as the “Private Academic Schools Act.”

“Student” shall mean an individual enrolled in:

(1) a public school, including an intermediate unit, area vocational-technical school and a charter or cyber charter school;

(2) a private school, including a nonpublic, nonlicensed school, private academic school and accredited school;  or

(3) a contracted educational provider.

“Supplemental sanctions” shall mean private or public disciplinary sanctions that focus on remediation or restitution, including, but not limited to, fees, fines, prescribed coursework, evaluations, treatment plans, impaired educator programs and other corrective action plans.

“Surrender” shall mean the termination by consent of a certificate or eligibility to be employed as a charter or cyber charter school staff member or as a contracted educational provider staff member whenever the surrender occurs at any time after the issuance of the certificate or the employment in a charter or cyber charter school or contracted educational provider.

“Suspension” shall mean the temporary termination of a certificate, the temporary termination of the eligibility to be employed as a charter or cyber charter school staff member or the temporary termination of the eligibility to be employed as a contracted educational provider staff member for a specific period of time, for an indefinite period of time or until specific conditions are met.

“Teacher” shall mean any person who holds a Pennsylvania teaching certificate or who is employed as a contracted educational provider staff member or by a charter or cyber charter school in a position for which certification would be required in a public school other than a charter or cyber charter school, but who is not required to hold certification under the act of March 10, 1949 (P.L. 30, No. 14), known as the “Public School Code of 1949.”

Cite this article: FindLaw.com - New Mexico Statutes Chapter 57. Trade Practices and Regulations § 57-26-4. General requirements of rental-purchase agreements - last updated May 06, 2021 | https://codes.findlaw.com/nm/chapter-57-trade-practices-and-regulations/nm-st-sect-57-26-4/


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