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P-40.1 - Consumer Protection Act

Section 260.7
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260.7. The merchant must at all times maintain sufficient reserves to guarantee the obligations arising from any contract of additional warranty he may make.
1988, c. 45, s. 2; 1999, c. 40, s. 234.
260.7. The merchant must at all times maintain, in a separate trust account identified as a “reserve account”, sufficient reserves to guarantee the obligations arising from any contract of additional warranty he may make.
1988, c. 45, s. 2.
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