HB607 (2011) Detail

Relative to exemptions under the consumer protection act.


HB 607 – AS INTRODUCED

2011 SESSION

11-0900

05/09

HOUSE BILL 607

AN ACT relative to exemptions under the consumer protection act.

SPONSORS: Rep. Schlachman, Rock 13; Rep. Dowling, Rock 5

COMMITTEE: Commerce and Consumer Affairs

ANALYSIS

This bill limits exemptions from the consumer protection act to transactions expressly permitted by the bank commissioner, director of securities regulations, the insurance commissioner, the public utilities commission, the financial institutions and insurance regulators of other states, or federal banking or securities regulators.

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Explanation: Matter added to current law appears in bold italics.

Matter removed from current law appears [in brackets and struckthrough.]

Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

11-0900

05/09

STATE OF NEW HAMPSHIRE

In the Year of Our Lord Two Thousand Eleven

AN ACT relative to exemptions under the consumer protection act.

Be it Enacted by the Senate and House of Representatives in General Court convened:

1 Consumer Protection Act; Exemptions. RSA 358-A:3, I is repealed and reenacted to read as follows:

I. Any transaction that is expressly permitted by the laws, rules, standards, or regulations administered and enforced by the bank commissioner, the director of securities regulation, the insurance commissioner, the public utilities commission, the financial institutions and insurance regulators of other states, or federal banking or securities regulators. This paragraph includes transactions that are expressly permitted by the bank commissioner pursuant to RSA 361-A, relative to retail installment sales of motor vehicles.

2 Effective Date. This act shall take effect upon its passage.

Links

HB607 at GenCourtMobile

Action Dates

Date Body Type

Bill Text Revisions

HB607 Revision: 19565 Date: Jan. 28, 2011, midnight

Docket