Bill Summary for S 414 (2011-2012)
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Summary date:
Jun 15 2011
S.L. 2011-341
Bill Information:
View NCGA Bill Details | 2011-2012 Session |
TO PROVIDE THAT RECIPROCAL ATTORNEYS' FEES PROVISIONS IN BUSINESS CONTRACTS ARE VALID AND ENFORCEABLE UNDER THE LAWS OF THIS STATE.Intro. by Clodfelter.
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Bill summary
House committee substitute makes the following changes to 3rd edition. Clarifies that reciprocal attorneys’ fees provisions in business contracts are valid and enforceable only if all the parties to the business contract sign that contract by hand.