Section 13. Registry of Financial Lease. —

The Register of Deeds shall open and maintain a register of financial leases, as an adjunct to the chattel mortgage registry.

Said lease register shall contain the following particulars:

1. Name or description of property, including:

   1. Brand name or name of manufacturer;

   2. Name of model, if any;

   3. Year of model, or manufacture, if available; and

   4. Serial number, if any.

2. Acquisition cost;

3. Name of owner or finance company lessor;

4. Name of lessee;

5. Date of lease agreement or schedule;

6. Date of expiry of lease; and

7. Date of entry in lease registry.