Mississippi § 75-24-167 - Renegotiation of rental-purchase agreements.
Full text of Mississippi Mississippi Code of 1972 Annotated § 75-24-167 — Renegotiation of rental-purchase agreements., with citation guidance and answers to common questions.
§ 75-24-167. Renegotiation of rental-purchase agreements.
A renegotiation occurs when any term of rental-purchase agreement that is required to be disclosed by Section 75-24-159 is changed by agreement between the lessor and consumer. A renegotiation is considered to be a new rental-purchase agreement requiring the lessor to give all the disclosures required by Section 75-24-159. A renegotiation shall not include any of the following: Reinstatement of a rental-purchase agreement in accordance with Section 75-24-163; A lessor’s waiver or failure to assert any claim against the consumer; A deferral, extension or waiver of a portion of a periodic payment or of one or more periodic payments; or A change, made at the consumer’s request, of the date of the week or month on which periodic payments are to be made.
Source: official Mississippi text · Last verified 2026-08-27
Frequently Asked Questions About Mississippi § 75-24-167
What does Mississippi Code of 1972 Annotated § 75-24-167 cover?
Section 75-24-167 ("Renegotiation of rental-purchase agreements.") is part of the Mississippi Code of 1972 Annotated, the codified statutory law of Mississippi. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Mississippi § 75-24-167?
A common citation format is "Mississippi Code of 1972 Annotated § 75-24-167" (Mississippi). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Mississippi law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Mississippi official source linked on this page or consult a licensed Mississippi attorney.
How does Mississippi § 75-24-167 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Mississippi can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Mississippi.