Amongst other things, sections cover obligations of service contract providers, product guarantee protection providers, and application of Consumer Protection Act.
Document dated Apr. 16, 2025, was received on May 16, 2025 due to a fixed feed.
Bill Provisions
Changes to requirements for reimbursement insurance policies, and modification of financial responsibility provisions for protection product guarantee providers.
In addition to such provisions on service contract providers for motor vehicles.
Providers required to register with InsuranceCommissioner, and refused, if provider has not, among other things, met required Insurance Code's financial responsibility.
Legislative History
On Jan. 13, 2025, bill introduced in House; on Jan. 30, 2025, bill was passed in House.
On Jan. 31, 2025, bill introduced in Senate; on Apr. 5, 2025, bill was passed Senate.
On Apr. 11, 2025, bill sent to governor; on Apr. 16, 2025, bill signed, became Ch. 50.
