Current through 2024 Regular Session legislation
Section 81.150 - Revocation of contract provision requiring consumer to assert claim outside state; requirements; attorney fees(1) For the purposes of this section: (a) "Consumer" means an individual who is purchasing goods or services for personal, family or household purposes.(b) "Consumer contract" means a contract entered into by a consumer for the purchase of goods or services for personal, family or household purposes, in which the total cost of the purchase is $15,000 or less.(2) A consumer may revoke a provision in a consumer contract that requires the consumer to assert a claim against the other party to the contract, or respond to a claim by the other party to the contract, in a forum that is not in this state. If the provision requires arbitration in a forum that is not in this state, the sole effect of a revocation under this section is that any evidentiary hearing, oral argument or other proceeding that requires or allows attendance by the consumer must be conducted in this state.(3) Revocation of a provision under this section must be made in writing and communicated by the consumer to the other party within a reasonable time after a dispute arises.(4) This section applies only to a consumer contract that was entered into by a consumer when the consumer was a resident of this state.(5) A party seeking to enforce a revoked provision is liable for reasonable attorney fees incurred by a consumer in any litigation that results from the attempted enforcement of the revoked provision.