The Act amends the Code definition of property insurance, which includes consumer warranty agreements, to allow retailers of electronic consumer products to elect to purchase a $100,000 bond in lieu of a warranty insurance policy.
"INSURANCE Consumer Warranties: Provide for Bond as Insurance Alternative,"
Georgia State University Law Review:
1, Article 66.
Available at: http://digitalarchive.gsu.edu/gsulr/vol5/iss1/66