Section 16-113. WAIVER OF REGULATIONS PROHIBITED

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113.1Except as provided in §§ 119.2 through 119.4, no provision shall be inserted in any retail installment contract, contract extension, or refinancing agreement designed to nullify and make ineffective the provisions of this chapter, or otherwise deprive a retail buyer of the protection afforded by this chapter.

113.2No provision shall be inserted in any contract or agreement by which the buyer waives or purports to waive any provision of this chapter.

113.3The insertion in any contract or agreement of a provision designed or intended to nullify this chapter, or to waive the requirements of this chapter, shall constitute a violation of this chapter, and, in addition, that provision shall be void and of no effect.

                    
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