31A-6a-102. Scope and purposes.
(1) The purposes of this chapter are to:
(a) create a legal framework within which service contracts may be sold in this state;
(b) encourage innovation in the marketing and development of more economical and
effective ways of providing services under service contracts, while placing the risk of innovation
on the service contract providers rather than on consumers; and
(c) permit and encourage fair and effective competition among different systems of
providing and paying for these services.
(2) Service contracts may not be issued, sold, or offered for sale in this state unless the
provider has complied with this chapter.
(3) This chapter applies only to a service contract not otherwise exempted from this title
by Section 31A-1-103.
Amended by Chapter 116, 2001 General Session
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Last revised: Thursday, May 28, 2009