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Consumer Warranty Law: Section 2-724. Admissibility of Market Quotations.

Whenever the prevailing price or value of any goods regularly bought and sold in any established commodity market is in issue, reports in official publications or trade journals or in newspapers or periodicals of general circulation published as the reports of such market shall be admissible in evidence. The circumstances of the preparation of such a report may be shown to affect its weight but not its admissibility.

Official Comment

Consumer Warranty Law: MICHIGAN

Mich. Comp. Laws §§ 445.903a, 500.125

Service contacts as defined excluded from insurance regulation (§ 500.125). Home appliance service contract terms shall be extended while the contract is interrupted because of a strike or work stoppage at the company’s place of business (§ 445.903a).

Consumer Warranty Law: MONTANA

Mont. Code Ann. §§ 30-14-1301 to 1304, 33-1-102(10)(b)

Requires measures to ensure financial solvency sufficient to meet obligations; exempts service contracts from insurance regulations; and specifies required disclosures; applies to service contracts as defined in § 33-1-102.

Consumer Warranty Law: NEW YORK

N.Y. Gen. Bus. Law § 198-b (McKinney)

The statute distinguishes between service contracts (provided at extra charge beyond the price of the used vehicle), repair insurance (regulated by the insurance department) and warranties (provided at no extra cost) (§ 198-b(a)(4)–(6)). Warranties are extended by any time during which a used vehicle is in possession of the dealer for repair under the service contract or when repair service is not available because of war or natural disaster (§ 198-b(c)(3)–(4)).

N.Y. Ins. Law §§ 7901 to 7913 (McKinney)

Consumer Warranty Law: NORTH DAKOTA

N.D. Cent. Code §§ 26.1-40-18 to 26.1-40-22

Automobile service contract issuers must obtain an insurance policy backing their obligations (§ 26.1-40-18). Violation of the statute is a misdemeanor (§ 26.1-40-22).

N.D. Cent. Code § 9-01-21

Property service contracts and vehicle theft protection product warranties are not subject to the provisions of N.D. Cent. Code tit. 26.1 (insurance).

Consumer Warranty Law: PENNSYLVANIA

12 Pa. Cons. Stat. §§ 6221, 6222

Prior to execution of a motor vehicle installment sale contract, the seller shall provide to the buyer both an oral and written disclosure in plain language separate from the installment sale contract, advising the buyer that the buyer’s purchase of a service contract (defined in 12 Pa. Cons. Stat. § 6202), warranty, debt cancellation or suspension agreement, or optional insurance product is voluntary and not required as a condition of obtaining a loan (§ 6221). Service contract charges must be itemized (§ 6222).

Consumer Warranty Law: RHODE ISLAND

R.I. Gen. Laws §§ 31-5.4-1 to 31-5.4-6

The term of any service contract shall be extended by any time period during which the used motor vehicle is in the possession of the dealer or their duly authorized agent for the purpose of repairing the used motor vehicle under the terms of the service contract and at any time during which repair services are unavailable due to war, invasion or strike, fire, flood, or other natural disaster (§ 31-5.4-3).

R.I. Gen. Laws §§ 6-57-1 to 6-57-2