[§481M-12] Waivers. A lessor shall not require a lessee to waive:

(1) Service of process;

(2) Any defense;

(3) Any counterclaim; or

(4) Right of action against the lessor or a person acting on the lessor's behalf as the lessor's agent;

in collection of payments under the lease or in repossession of the lease property. [L 1997, c 248, pt of §1]

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