Section 506. Exempted transactions  


Latest version.
  • This article does not apply to:
        1.  Agreements  for  the rental of merchandise in which the person who
      rents the merchandise has no legal right to  become  the  owner  of  the
      property at the end of the rental period;
        2. A lease of a safe deposit box; and
        3. Retail installment sales agreements, contracts, or obligations.