Title: Establishes Differences Between Certain Legal Services and Traditional Insurance Products
NOTE: THE GOVERNOR ISSUED A CONDITIONAL VETO, MEANING HE OR SHE OBJECTS TO ONLY PART OF THE BILL AND PROPOSES AMENDMENTS THAT WOULD MAKE IT ACCEPTABLE. IF THE LEGISLATURE CONCURS WITH THE GOVERNOR'S AMENDMENTS, THE LEGISLATION IS AGAIN PRESENTED TO THE GOVERNOR FOR SIGNATURE.
Vetoed by Governor Phil Murphy
Title: Establishes Differences Between Certain Legal Services and Traditional Insurance Products
Title: Establishes Differences Between Certain Legal Services and Traditional Insurance Products
Vote to amend and pass a bill that establishes differences between certain legal services and traditional insurance products
Specifies that payment of an administrative fee to an attorney will not be considered payment for legal services (Sec. 1).
Specifies that the following will not be considered legal insurance (Sec. 1):
Retainer contracts with estimated fees for individual clients;
Plans without benefits;
Plans providing limited benefits on simple legal matters;
Legal services provided by unions;
Benefits regulated by the Employee Retirement Income Security Act of 1974; and
Legal services provided by a legal aid office or other nonprofit organization.
Specifies that this Act takes effect 90 days after passage (Sec. 2).
Title: Establishes Differences Between Certain Legal Services and Traditional Insurance Products
Title: Establishes Differences Between Certain Legal Services and Traditional Insurance Products