Insurance Law 7901 — Legislation

Legislation Search OpenLegislation Statutes Search Term Search icon Search up ARTICLE 79 Service Contracts next SECTION 7902 Definitions Viewing most recent revision (from 2014-09-22) View historical revision as of: -- Choose a Date -- 2014-09-22 Share Facebook Email SECTION 7901 Scope and purposes Insurance (ISC) CHAPTER 28, ARTICLE 79 § 7901. Scope and purposes. (a) The purposes of this article are to: (1) create a legal framework within which service contracts may be sold in this state; (2) encourage the marketing and developing of more economical and effective means of providing services under service contracts; and (3) permit and encourage fair and effective competition among different systems of providing and paying for these services. (b) This article shall not apply to: (1) Express or implied warranties; (2) Maintenance agreements; (3) Warranties, service contracts or maintenance agreements offered by public utilities on their transmission devices to the extent they are regulated by the public service commission; and (4) Warranties, service contracts and maintenance agreements that are conditioned upon or otherwise associated with the sale or supply of heating fuel.