ENROLLED Page 1 of 2 CODING: Words in struck through type are deletions from existing law; words underscored are additions. Regular Session, 2010 HOUSE BILL NO. 338 BY REPRESENTATIVE MONICA AN ACT1 To amend and reenact R.S. 22:1806.2(7) and 1806.3(G) and to enact R.S. 22:1806.1(B)(4),2 relative to regulation of home service contract providers by the commissioner of3 insurance; to provide for definitions; to provide for exemptions; and to provide for4 related matters.5 Be it enacted by the Legislature of Louisiana:6 Section 1. R.S. 22:1806.2(7) and 1806.3(G) are hereby amended and reenacted and7 R.S. 22:1806.1(B)(4) is hereby enacted to read as follows: 8 §1806.1. Scope and purpose9 * * *10 B. The following shall be exempt from this Part:11 * * *12 (4) Contracts sold or offered for sale on a single new item of property at the13 time of the sale of the property or within one year of the date of the sale which14 guarantees the performance of the service, repair, replacement, or maintenance of the15 property or guarantees to indemnify for the service, repair, replacement, or16 maintenance of a single item of residential property.17 * * *18 §1806.2. Definitions19 As used in this Part:20 * * *21 (7) "Provider" means a person who administers, issues, makes, provides,22 sells, or offers to sell a home service contract or who is contractually obligated to23 ENROLLEDHB NO. 338 Page 2 of 2 CODING: Words in struck through type are deletions from existing law; words underscored are additions. provide service the services or to provide indemnification under a home service1 contract. such as sellers, administrators, and other intermediaries.2 * * *3 §1806.3. Requirements for doing business4 * * *5 G. Except for the registration requirements of this Section, providers and6 related home service contract sellers, administrators, and other persons marketing,7 selling, or offering to sell , administrators, and persons marketing, selling, or offering8 to sell home service contracts are exempt from any licensing requirements of this9 state and shall not be subject to other registration information or security10 requirements.11 * * *12 SPEAKER OF THE HOUSE OF REPRESENTATI VES PRESIDENT OF THE SENATE GOVERNOR OF THE STATE OF LOUISIANA APPROVED: