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ID H0639

Bill

Official Source

Status

Passed

4/5/2012

Primary Sponsor

Ways and Means Committee

Click for details

Origin

House of Representatives

2012 Regular Session

AI Summary

  • Voids any contract stipulation that restricts a party from enforcing rights through Idaho courts or limits the time to enforce those rights, as against public policy
  • Exempts arbitration provisions from the voiding requirement so long as arbitration is conducted within the state of Idaho
  • Voids franchise agreement provisions that waive or eliminate venue or jurisdiction of Idaho's court system
  • Allows franchise agreements to enforce choice of law provisions
  • Applies to franchise agreements entered into or renewed on or after July 1, 2003, by Idaho residents or entities incorporated in Idaho, where the franchisee pays $1,000 or more to the franchisor

Legislative Description

Amends existing law relating to contracts to revise provisions relating to limitations on the right to sue under contract and to provide application to arbitration.

CONTRACTS

Last Action

Governor signed Session Law Chapter 328 Effective: 07/01/12

4/5/2012

Committee Referrals

Judiciary, Rules and Administration3/7/2012

Full Bill Text

No bill text available