This bill aims to revise existing laws concerning service contracts to incorporate vehicle theft protection products. It introduces new definitions and requirements for conducting business in this area, ensuring that consumers are adequately informed through mandated disclosures. Additionally, the bill specifies that certain vehicle theft protection products and their associated service contracts will not fall under the jurisdiction of the insurance code, thereby streamlining regulatory oversight.

Furthermore, the legislation includes provisions for disclosures related to warranties for vehicle theft protection products, enhancing transparency for consumers. The bill amends several sections of the Montana Code Annotated (MCA), specifically sections 30-14-1301, 30-14-1302, 30-14-1303, and 33-1-102, to reflect these changes and ensure compliance with the new regulations.

Statutes affected:
HB0668_1.pdf: 30-14-1301, 30-14-1302, 30-14-1303, 30-14-1304, 33-1-102
HB0668_2.pdf: 30-14-1301, 30-14-1302, 30-14-1303, 30-14-1304, 33-1-102
Amended: 30-14-1301, 30-14-1302, 30-14-1303, 30-14-1304, 33-1-102
Introduced: 30-14-1301, 30-14-1302, 30-14-1303, 30-14-1304, 33-1-102