Limits consumer contract dispute resolution to New Jersey.

New Jersey S2756 mandates that consumer contract disputes must be resolved within New Jersey, prohibiting clauses that require resolution elsewhere. This applies to contracts executed after the bill's effective date, which is 90 days post-enactment. The bill ensures consumers are not forced into distant and costly forums for dispute resolution. Exemptions apply to insurance companies licensed in New Jersey and eligible surplus lines insurers.

Limits consumer contract dispute resolution to New Jersey.

New Jersey S2756 mandates that consumer contract disputes must be resolved within New Jersey, prohibiting clauses that require resolution elsewhere. This applies to contracts executed after the bill's effective date, which is 90 days post-enactment. The bill ensures consumers are not forced into distant and costly forums for dispute resolution. Exemptions apply to insurance companies licensed in New Jersey and eligible surplus lines insurers.