SB 466 – Allows lenders to charge for motor vehicle extended service contracts and home and auto security plans

• Sponsor: Scott
• LR Number: 1532S.02I
• Committee: Financial & Governmental Organizations and Elections
• Last Action: 2/8/2007 - Second Read and Referred S Financial & Governmental Organizations and Elections Committee
• Journal Page: S228
• Effective Date: August 28, 2007

Current Bill Summary

SB 466 - This act allows lending institutions to offer and charge for motor vehicle extended service contracts and home and automobile security plans. These plans provide certain services including protection against home or auto emergencies, legal defense services, warranties, discounts, towing and lost key services among others.

CHRIS HOGERTY