Statutes, codes, and regulations
West Virginia Code
Chapter 17A - MOTOR VEHICLE ADMINISTRATION, REGISTRATION, CERTIFICATE OF TITLE, AND ANTITHEFT PROVISIONS
Article 4A - LIENS AND ENCUMBRANCES ON VEHICLES TO BE SHOWN ON CERTIFICATE OF TITLE; NOTICE TO CREDITORS AND PURCHASERS
Section 17A-4A-16 - Vehicle leases which are not sales or security interests

W. Va. Code § 17A-4A-16

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Current through 2024 First Special Session
Section 17A-4A-16 - Vehicle leases which are not sales or security interests

In the case of motor vehicles or trailers, notwithstanding any other provision of law, a transaction does not create a conditional sale or security interest merely because it provides that the rental price is permitted or required to be adjusted under the agreement either upward or downward by reference to the amount realized upon sale or other disposition of the motor vehicle or trailer.

W. Va. Code § 17A-4A-16