SB 379
Revises provisions relating to commerce. (BDR 55-336)
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Sign in to take action- Introduced
- Passed Senate
- Passed Assembly
- To Governor
- Became Law
Bill overview
This bill revises regulations concerning commerce, specifically focusing on installment lenders and solar installation companies. It prohibits deceptive trade practices by installment lenders and establishes requirements for distributed generation system financiers and solar installation companies. Notably, it provides borrowers, lessees, and purchasers with a longer period (10 days instead of 3) to rescind agreements related to distributed generation systems, contingent on a physical survey revealing necessary changes to the agreement’s terms. The bill also addresses lead generation practices and establishes standards for background checks for solar installation company employees.
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