HB154 Alabama 2024 Session

Summary

Primary Sponsor

Artis McCampbell Representative

Democrat

Session

Regular Session 2024

Title

Service contract providers, disclosures required in contracts and related marketing, limitation of liability, right to pay out cash value in lieu of repair or replacement, size and placement of disclosures.

Description

Generally, a service contract is an agreement to perform the repair, replacement, or maintenance of property for the operational or structural failure due to defects or normal wear and tear.

This bill would require a service contract provider to define certain terms used in its contracts, to disclose in a specified manner certain limitations of its obligation to satisfy claims or resolve disputes under the contract, and to disclose these limitations in any marketing and advertising content presented to a prospective customer.

This bill would also specify the size and placement of certain disclosures in a service contract and related marketing and advertising content.

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Subjects

Consumer Protection