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November 27, 2024 Clouds | 36°F
The 193rd General Court of the Commonwealth of Massachusetts
  1. General Laws
  2. Part III COURTS, JUDICIAL OFFICERS AND PROCEEDINGS IN CIVIL CASES
  3. Title IV CERTAIN WRITS AND PROCEEDINGS IN SPECIAL CASES
  4. Chapter 255B RETAIL INSTALMENT SALES OF MOTOR VEHICLES
  5. Section 15 Full payment by buyer; duty of holder of retail instalment contract

Section 15

Section 15: Full payment by buyer; duty of holder of retail instalment contract

Section 15. After the payment of all sums for which the buyer is obligated under a retail instalment contract, the holder of such contract shall mail to the buyer at his last known address, good and sufficient instruments to indicate payment in full and to release all security in the motor vehicle.