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House Bill 1214


 

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House Bill 1214

ARCHIVE (2008)

Latest Information

 
DIGEST OF HB1214 (Updated January 29, 2008 6:35 pm - DI 84)

Vehicle protection products. Provides that a vehicle protection product warrantor (warrantor) must register with the department of insurance before doing business, and provides for a fee for issuance of a registration. Specifies conditions for sale of a vehicle protection product by a warrantor, including that a warrantor must be insured under a warranty reimbursement insurance policy before a sale may occur. Specifies: (1) conditions for a warranty reimbursement insurance policy; and (2) terms of a vehicle protection product warranty. Provides for sanctions and administrative penalties for failure to comply with these requirements, terms, and conditions.
Current Status:
 Passed 2nd reading - first House
>Latest Printing > (PDF)