Bill > A02080

This bill amends the General Business Law to require mandatory arbitration clauses in certain consumer contracts to be printed in a large font size (16 points or larger). It defines a "mandatory arbitration clause" as a contract term that requires the parties to submit any dispute to arbitration before taking legal action. The bill prohibits such clauses in consumer contracts, except that the non-consumer party may agree to have the arbitrator's decision be final and not subject to court review. The bill also imposes civil penalties on businesses that fail to provide consumers with a copy of the contract displaying the arbitration clause in large print.

Business and Industry, Housing and Urban Affairs

https://www.nysenate.gov/legislation/bills/2023/A2080