Service contracts; terms defined; certain disclosures in advertising required; disclosures of limitations of contracts further provided for

Summary

The bill amends Alabama’s service‑contract code to force advertisers to tell consumers if a provider can refund the contract holder for less than the actual repair or replacement cost. It also lists which contracts are exempt from regulation and sets out the limitations, exceptions and exclusions that must be disclosed to buyers. The changes aim to give consumers clearer information before they purchase a service contract.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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