CT SB01093

Creates an exception to Connecticut's 2024 ban on waiving prejudgment remedy rights in commercial financing contracts, effective October 1, 2025

Allows sales-based financing contracts exceeding $100,000 to include provisions waiving the recipient's right to notice, judicial hearing, or prior court order before prejudgment remedies like attachment, garnishment, or execution

Requires contracts containing such waivers to clearly disclose that prejudgment remedies may be issued without notice or hearing

Mandates disclosure that recipients retain the right to request a Superior Court hearing to modify or dissolve any prejudgment remedy after it is issued

Amends Section 36a-868 of the general statutes governing commercial financing contracts