Alabama HB 215: Relating to consumer credit financing in the sale or lease of motor vehicles; to amend Section 8-37A-4 of the Code of Alabama 1975, as added by Act 2022-179 of the 2022 Regular Session, relating to motor vehicle value protection agreements and the requirements of a provider of the agreements to insure performance of the obligations of the provider; to further clarify the requirements of an insurance policy maintained by the provider for this purpose.

Status: Reported Favorably (County and Municipal Government) (as of 2023-05-31)

State: Alabama · Session: 2023rs · Bill: HB 215

Subjects: Motor vehicle value protection agreements

Sponsors: Reed Ingram

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