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MS HB214
Bill
Status
3/3/2020
Primary Sponsor
Earle Banks
Click for details
AI Summary
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Requires all contracts to be written in a font of at least 10 point, effective July 1, 2020, with any portion in smaller font rendered unenforceable.
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Amends retail installment contract requirements to increase minimum font size from 8 point to 10 point for printed portions and from 10 point to 12 point bold type for specific notices and buyer acknowledgments.
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Increases minimum font size for premium finance agreements from 8 point to 10 point for printed portions, effective July 1, 2020.
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Makes technical corrections to Section 63-19-31 including changing "prior to" to "before" and replacing "items" with "paragraphs" throughout the section.
Legislative Description
Contracts; require to be written in large print.
Last Action
Died In Committee
3/3/2020