Bill Text: NJ S327 | 2018-2019 | Regular Session | Amended


Bill Title: Limits forum of consumer contract disputes to New Jersey.

Spectrum: Partisan Bill (Democrat 2-0)

Status: (Introduced - Dead) 2019-06-17 - Referred to Senate Budget and Appropriations Committee [S327 Detail]

Download: New_Jersey-2018-S327-Amended.html

[First Reprint]

SENATE, No. 327

STATE OF NEW JERSEY

218th LEGISLATURE

 

PRE-FILED FOR INTRODUCTION IN THE 2018 SESSION

 


 

Sponsored by:

Senator  NILSA CRUZ-PEREZ

District 5 (Camden and Gloucester)

 

Co-Sponsored by:

Senator Weinberg

 

 

 

 

SYNOPSIS

     Limits forum of consumer contract disputes to New Jersey.

 

CURRENT VERSION OF TEXT

     As reported by the Senate Commerce Committee on June 17, 2019, with amendments.

  


An Act concerning the forum of certain consumer contracts and supplementing P.L.1980, c.125 (C.56:12-1 et seq.).

 

     Be It Enacted by the Senate and General Assembly of the State of New Jersey:

 

     1.    A term or condition in a consumer contract concerning venue, forum, or jurisdiction involving a resident of this State is valid only if that term or condition requires that the dispute is resolved within the State of New Jersey.  This requirement may only be waived upon the advice of counsel as evidenced by counsel's signature on the contract.

     1Nothing in this section shall apply to insurance companies duly licensed or authorized to transact business under the insurance laws of this State, or to any eligible surplus lines insurers allowed to conduct business in this State under section 11 of P.L.1960, c.32 (C.17:22-6.45).1

 

     2.    This act shall take effect on the 90th day following enactment and apply to consumer contracts executed on or after that date.

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