2000 Regular Session

SENATE BILL 745

File Code: Commercial Law - Generally
Sponsored By:
Senators Astle and Dorman
Entitled:
Service Contracts Act

Synopsis:

Prohibiting the sale of a service contract in the State unless the service contract holder is provided with a receipt for the purchase of the contract and a copy of the contract within a specified period; requiring a service contract provider to register with the Insurance Commissioner, file copies of contracts, and pay a specified registration fee and specified processing fees; requiring that a service contract provider insure all service contracts or provide specified proof of financial security; etc.

History by Legislative Date

Senate Action
2/4
First Reading Finance
2/8
Hearing 2/22 at 1:00 p.m.
2/9
Hearing cancelled
Hearing 3/16 at 1:00 p.m.
3/20
Withdrawn
House Action
No Action
Sponsored by:
Senator John C. Astle, District 30
Senator Arthur Dorman, District 21
Bill indexed under the following Subjects:
CONSUMER PROTECTION -see also- UNFAIR TRADE PRACTICES
CONTRACTS -see also- LAND INSTALLMENT CONTRACTS; PROCUREMENT
FEES -see also- DEVELOPMENT FEES AND TAXES
INSURANCE ADMINISTRATION
INSURANCE -see also- HEALTH INS; MAIF; MOTOR VEHICLE INS
INVESTIGATIONS AND INQUIRIES -see also- CRIM BCKGRND INVEST.
NAMES -see also- PROPER NAMES
NOTICES
RECORDS -see also- LAND RECORDS; VITAL RECORDS
REGISTRATION -see also- MOTOR VEHICLE REGISTRATION
REVENUE AND TAXES -see also- DEV FEES & TAXES; specific tax.
RULES AND REGULATIONS
SECURITY INTERESTS -see also- LIENS; MECHANICS' LIENS
Bill affects the following Statutes:
Commercial Law
( 21-101 , 21-102 , 21-103 , 21-104 , 21-105 , 21-106 , 21-107 , 21-108 , 21-109 , 21-110 , 21-111 , 21-112 , 21-113 )

Documents:

Bill Text: First Reading (PDF), Third Reading, Enrolled
Fiscal Note: Available (PDF)
Amendments: None offered