New York A02539 mandates that mandatory arbitration clauses in consumer contracts must be printed in large font.
New York A02539 amends the general business law to prohibit mandatory arbitration clauses in consumer contracts. It mandates that any such clauses must be displayed in large print, defined as a font size of sixteen points or larger. The bill also nullifies mandatory arbitration clauses, rendering them void, and ensures that their inclusion does not affect the enforceability of other contract provisions. Violations of this requirement are subject to civil penalties, with escalating fines for repeat offenses.
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