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Session Laws, 1995
Volume 793, Page 3401   View pdf image
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PARRIS N. GLENDENING, Governor                                 Ch. 602

(3)      A POWER OF ATTORNEY IS GIVEN TO CONFESS JUDGMENT, OR AN
ASSIGNMENT OF WAGES IS GIVEN;

(4)      THE LESSOR, OR OTHER PERSON ACTING ON BEHALF OF THE
LESSOR, IS GIVEN AUTHORITY TO ENTER UPON THE LESSEE'S PREMISES
UNLAWFULLY, OR TO COMMIT ANY BREACH OF THE PEACE IN THE REPOSSESSION
OF THE MOTOR VEHICLE;

(5)      THE LESSEE WAIVES ANY RIGHT OF ACTION AGAINST THE LESSOR,
OR OTHER PERSON ACTING ON BEHALF OF THE LESSOR, FOR ANY ILLEGAL ACT
COMMITTED IN THE COLLECTION OF PAYMENTS UNDER THE LEASE OR IN THE
REPOSSESSION OF THE MOTOR VEHICLE;

(6)      THE LESSEE EXECUTES A POWER OF ATTORNEY APPOINTING THE
LESSOR, OR OTHER PERSON ACTING ON BEHALF OF THE LESSOR, AS THE LESSEE'S
AGENT IN COLLECTION OF PAYMENTS UNDER THE LEASE OR IN THE REPOSSESSION
OF THE MOTOR VEHICLE; PROVIDED, HOWEVER, THAT THIS PARAGRAPH SHALL
NOT PROHIBIT THE INCLUSION IN A LEASE OF A LIMITED POWER OF ATTORNEY OR
OTHER PROVISION AUTHORIZING THE LESSOR TO EXECUTE IN THE LESSEE'S NAME
ANY PROOFS OF INSURANCE CLAIMS OR LOSSES, TO EXECUTE IN THE LESSEE'S
NAME ANY TITLING AND REGISTRATION DOCUMENTS, OR TO ENDORSE THE
LESSEE'S NAME ON ANY INSURANCE SETTLEMENT OR PREMIUM REBATE DRAFT OR
CHECK THE PROCEEDS OF WHICH ARE APPLICABLE TO THE LESSEE'S OBLIGATIONS
UNDER THE LEASE;

(7)      THE LESSOR IS RELIEVED FROM LIABILITY FOR ANY LEGAL
REMEDY WHICH THE LESSEE MAY HAVE AGAINST THE LESSOR UNDER THE LEASE,
OR ANY SEPARATE INSTRUMENT EXECUTED IN CONNECTION THEREWITH;

(8)      THE MATURITY OF ANY PART OR ALL OF THE AMOUNT OWING
UNDER THE LEASE IS ACCELERATED WHERE, FOLLOWING A DEFAULT CONSISTING
SOLELY OF THE FAILURE TO MAKE TIMELY PAYMENTS, A LESSEE WHO HAS THE
RIGHT TO REDEEM THE LEASE MAKES TIMELY PAYMENT OF AN AMOUNT
SUFFICIENT TO REDEEM THE LEASE UNDER § 14-2008(H) OF THIS SUBTITLE; OR

(9)      THE LESSEE WAIVES ANY RIGHT PROVIDED TO THE LESSEE BY THIS
SUBTITLE.

(M) (1) ANY CLAUSE OR PROVISION PROHIBITED BY SUBSECTION (L) OF
THIS SECTION SHALL BE UNENFORCEABLE BUT SHALL NOT OTHERWISE AFFECT THE
LEASE'S CONTINUING VALIDITY AND ENFORCEABILITY.

(2) THE PENALTIES PROVIDED IN § 14-2007 OF THIS SUBTITLE OR IN §
13-408 OF THIS ARTICLE DO NOT APPLY TO VIOLATIONS OF SUBSECTION (L) OF THIS
SECTION UNLESS A LESSOR ATTEMPTS TO ENFORCE A PROVISION PROHIBITED BY
THAT SUBSECTION.

- 3401 -

 

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Session Laws, 1995
Volume 793, Page 3401   View pdf image
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