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FL S1660

Bill

Status

Failed

3/9/2012

Primary Sponsor

Garrett Richter

Click for details

Origin

Senate

2012 Regular Session

AI Summary

  • Requires contracts executed contemporaneously with a retail installment contract for motor vehicle sales to be read and construed together, despite any merger or integration clause in the installment contract.

  • Requires contracts executed contemporaneously with a motor vehicle lease agreement to be read and construed together with the lease, despite any merger or integration clause stating the lease is the only agreement.

  • Restructures Section 521.004 disclosure requirements by renumbering existing subsections and adding new subsection (2) containing the motor vehicle lease integration clause provision.

  • Takes effect July 1, 2012.

Legislative Description

Contracts for the Sale or Lease of a Motor Vehicle

Last Action

Died in Transportation

3/9/2012

Committee Referrals

Transportation1/17/2012

Full Bill Text

No bill text available