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OH HB275
Bill
Status
7/3/2012
Primary Sponsor
John Adams
Click for details
AI Summary
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Suppliers may deliver a written "cure offer" to consumers within 30 days of being served in a Chapter 1345 consumer protection lawsuit, with the offer filed in court.
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A cure offer must include monetary compensation for the alleged violation, attorney's fees up to $2,500, and court costs, along with a specific statutory notice explaining the consumer's rights.
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Consumers have 30 days to accept or reject a cure offer; failure to respond within 30 days is deemed a rejection, and consumers may proceed with litigation if they reject the offer.
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If a consumer accepts the cure offer, the supplier pays the agreed remedy plus court-approved attorney's fees and costs, and the case proceeds under court supervision.
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If a judge, jury, or arbitrator awards actual economic damages not exceeding the supplier's remedy amount, the consumer forfeits the right to treble damages and attorney's fees or court costs incurred after receiving the cure offer.
Legislative Description
To allow suppliers and consumers to enter into a Right to Cure agreement.
Consumers and suppliers-right to cure agreements
Last Action
Effective Date
7/3/2012