Bill Text: AZ HB2675 | 2019 | Fifty-fourth Legislature 1st Regular | Introduced

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Bill Title: Unambiguous contract provision; validity

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced - Dead) 2019-02-13 - House read second time [HB2675 Detail]

Download: Arizona-2019-HB2675-Introduced.html

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REFERENCE TITLE: unambiguous contract provision; validity

 

 

 

State of Arizona

House of Representatives

Fifty-fourth Legislature

First Regular Session

2019

 

 

HB 2675

 

Introduced by

Representative Roberts

 

 

AN ACT

 

amending title 12, chapter 6, article 12, Arizona Revised Statutes, by adding section 12‑721; relating to contracts.

 

 

(TEXT OF BILL BEGINS ON NEXT PAGE)

 

Be it enacted by the Legislature of the State of Arizona:

Section 1.  Title 12, chapter 6, article 12, Arizona Revised Statutes, is amended by adding section 12-721, to read:

START_STATUTE12-721.  Unambiguous contract provisions; validity

An unambiguous provision in a contract is valid and enforceable if the contract was freely negotiated between parties who are each represented by an attorney during the formation or negotiation of the contract unless another statute applies and otherwise renders the provision invalid or unenforceable. END_STATUTE