Loading chat...
CA AB1743
Bill
Status
11/30/2016
Primary Sponsor
Matt Dababneh
Click for details
AI Summary
-
Removes exemption for motor vehicle conditional sale and lease contracts from California's Uniform Electronic Transactions Act (UETA), allowing these contracts to be signed electronically.
-
Requires sellers and lessors to offer buyers and lessees the option to sign contracts electronically, with voluntary opt-in consent disclosed in a separate document.
-
Prohibits sellers and lessors from charging buyers or lessees for choosing not to sign electronically or from pricing vehicles differently based on electronic signing choice.
-
Requires an exact copy of the electronically executed contract be furnished to the buyer or lessee at the time of signing.
-
Mandates that conditional sale and lease contracts subject to electronic signing must be executed at the seller's or lessor's place of business.
Legislative Description
Electronic transactions: motor vehicle finance.
Last Action
From Senate committee without further action.
11/30/2016