LEI Nº 11.649, DE 4 DE ABRIL DE 2008.
This law takes effect on the date it is published, and its effects begin 60 days later.
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- Jurisdiction
- Brazil
- Instrument
- Act or statute
- Citation
- LEI Nº 11.649, DE 4 DE ABRIL DE 2008.
- Version
- Undated source snapshot
- Language
- pt
- Official source
- View official record ↗
contract completion title transfer vehicle leasing
Statute overview
About this statute
This law takes effect on the date it is published, and its effects begin 60 days later. If Article 1 is breached, the infringing party, leasing company, or lessee must pay a fine equal to 2% of the sale value of the asset. After certain payments and proof documents are delivered, the leasing company must send the vehicle transfer document and related discharge documents to the lessee within 30 business days.
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LEI Nº 11.649, DE 4 DE ABRIL DE 2008.
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