Sponsored by:
Senator M. TERESA RUIZ
District 29 (Essex and Hudson)
Senator NICHOLAS P. SCUTARI
District 22 (Somerset and Union)
Assemblyman LOUIS D. GREENWALD
District 6 (Burlington and Camden)
Assemblyman WILLIAM B. SAMPSON, IV
District 31 (Hudson)
Co-Sponsored by:
Senator Bramnick, Assemblyman McGuckin, Assemblywomen Reynolds-Jackson, Quijano and Hall
SYNOPSIS
Limits general application of certain consumer contracts.
CURRENT VERSION OF TEXT
As introduced.
An Act concerning certain consumer contracts and supplementing Title 56 of the Revised Statutes.
Be It Enacted by the Senate and General Assembly of the State of New Jersey:
1. a. A consumer contract for a service offered by a company shall apply solely to the service offered by the company and purchased by the consumer. The consumer contract shall not contain provisions that allow or require the contract to govern the circumstances under which the consumer purchases other products or services from the contracting company, or an affiliate of the company, that are not offered pursuant to the contract.
b. As used in this section:
“Consumer contract” means a written agreement in which an individual contracts for a service, that is obtained for personal, family, or household purposes. “Consumer contract” does not include a written agreement involving a transaction in securities with a broker-dealer registered with the Securities and Exchange Commission, or a transaction in commodities with a futures commission merchant registered with the Commodity Futures Trading Commission.
2. This act shall take effect on the 180th day next following enactment and shall apply to consumer contracts entered into or renewed on or after that date.
STATEMENT
This bill limits the general application of certain consumer contracts.
Under the bill, a consumer contract for a service offered by a company must apply solely to the service offered by the company and purchased by the consumer. The consumer contract will be prohibited from containing provisions that allow or require the contract to govern the circumstances under which the consumer purchases other products or services from the contracting company, or an affiliate of the company, that are not offered pursuant to the contract.
For the purpose of this bill, “consumer contract” means a written agreement in which an individual contracts for a service and is obtained for personal, family, or household purposes. “Consumer contract” does not include a written agreement involving a transaction in securities with a broker-dealer registered with the Securities and Exchange Commission, or a transaction in commodities with a futures commission merchant registered with the Commodity Futures Trading Commission.