Relating to cancellation provisions in consumer contracts for services; declaring an emergency.
Catchline/Summary:
Provides that consumer may cancel consumer contract for services and as consequence of cancellation pay only amount of subsidy, discount or other incentive offered as inducement to enter into contract and avoid future payments for services consumer does not receive as result of cancellation. Provides that consumer may cancel consumer contract for services and as consequence of cancellation pay only amount of subsidy, discount or other incentive offered as inducement to enter into contract and avoid future payments for services consumer does not receive as result of cancellation.
Requires consumer contract for services to specify, or to provide formula or calculation by means of which consumer can determine, amount consumer must pay and costs consumer will avoid as consequence of cancellation. Requires consumer contract for services to identify person and address to which consumer must send written cancellation. Specifies date on which cancellation is effective.
Provides that provision in consumer contract for services that is contrary to provision in Act is void and unenforceable. Provides that person that attempts to enforce void and unenforceable provision is liable to consumer for attorney fees and costs that consumer incurs in preparing for and undertaking litigation that results from enforcement attempt.
Declares emergency, effective on passage.
Chapter Number:
Fiscal Impact:
May Have Fiscal Impact, But No Statement Yet Issued
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