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2007 Vetoed Bills and Messages
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S.B. 502
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(I) DESCRIPTIVE OF THE INSURANCE, CASUALTY, OR
SURETY BUSINESS; OR
(II) DECEPTIVELY SIMILAR TO THE NAME OR DESCRIPTION
OF AN INSURER, A SURETY CORPORATION, OR ANOTHER WARRANTOR.
(B) A WARRANTOR MAY USE THE TERM "GUARANTY" OF A SIMILAR
WORD IN THE WARRANTOR'S NAME.
14-4A-10.
A VEHICLE PROTECTION PRODUCT SELLER OR A WARRANTOR MAY NOT
REQUIRE, AS A CONDITION OF THE SALE OR FINANCING OF A VEHICLE, THAT
THE PURCHASER OF THE VEHICLE BUY A VEHICLE PROTECTION PRODUCT.
14-4A-11.
A WARRANTOR THAT ESTABLISHES AN INFORMAL DISPUTE SETTLEMENT
PROCEDURE MAY ELECT TO SETTLE VEHICLE PROTECTION PRODUCT
WARRANTY DISPUTES IN COORDINATION WITH A PRIVATE MEDIATION SERVICES
PROVIDER OR THE DIVISION.
14-4A-12.
A WARRANTOR IS:
(1) LIABLE TO THE WARRANTY HOLDER FOR ANY WRONGFUL
BREACH OF A VEHICLE PROTECTION PRODUCT WARRANTY; AND
(2) UNDER A DUTY TO:
(I) COMPLY WITH THE REQUIREMENTS OF THIS SUBTITLE;
AND
(II) COMPENSATE THE WARRANTY HOLDER FOR ALL
REASONABLE INCIDENTAL EXPENSES INCURRED AS A RESULT OF THE BREACH.
14-4A-13.
(A) A VIOLATION OF THIS SUBTITLE:
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- 4290 -
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