Second Regular Session S.B. 1039
PROPOSED
SENATE AMENDMENTS TO S.B. 1039
(Reference to printed bill)
Page 4, line 20, strike "or voided"
Page 5, line 34, after "exceed" insert "$75 OR"; after "the" strike remainder of line
Line 35, strike "paid by the service contract holder for" insert "purchase price of"; after the second "contract" insert ", whichever is less. Any administrative expense assessed may not exceed the amount of the refund due service contract holder"
Page 6, between lines 8 and 9 insert:
"12. A service contract shall disclose whether the contract covers or excludes preexisting conditions. A service contract may not exclude preexisting conditions that were not known and would not have been reasonably known by a visual inspection, operation of the system or appliance and a mechanical test."
Amend title to conform