New Hampshire Passes Legislation to Regulate the Offering of Guaranteed Asset Protection Waivers

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On July 6, Governor Maggie Hassan (D-NH) signed into law Senate Bill 119/Chapter 207 to regulate the offering of GAP waivers. The act also amends the terms of Consumer Guarantee Contracts to limit the consumer’s ability to bring an action in a court of law. The act is effective September 4, 2015.