SB 1022 - Coleman, Maida
Makes statutory penalties and attorney fees associated with a vexatious refusal to pay claim mandatory rather than discretionary
Bill Details
Sponsor
LR Number
4120S.01I
Title
SB 1022
House Handler
N/A
Journal Page
Effective Date
August 28, 2008
Current Status
Second Read and Referred S Judiciary and Civil & Criminal Jurisprudence Committee
Quick Links
Amendments
No amendments available
CURRENT BILL SUMMARY
SB 1022 - Under the proposed act, the statutory penalties and attorney fees associated with a vexatious refusal to pay claim are made mandatory. Under current law, the statutory penalties and attorney fees associated with a vexatious refusal to pay claim are discretionary in that the court or jury may award such damages or attorney fees. In addition to the mandatory penalties, the proposed act provides that a claimant shall be entitled to a reasonable attorney's fee if a vexatious refusal to pay dispute is resolved through compromised settlement.
STEPHEN WITTE