Limón
Contracts: translations
Provides significant protection from fraud by requiring that non-English-speaking cosigners, who are often seniors, be given a copy of the contract in the language that they speak. The bill closes a loophole in current law by protecting Californians who don't read English but are called on to guarantee contracts. Too often, even though they are liable under the contract, co-signers have no knowledge of what they have agreed to. This bill provides that if cosigners speak Spanish, Chinese, Tagalog, Vietnamese, or Korean, they will be given a contract in that language unless they supply their own disinterested interpreter. AB 3254 prevents fraud, misrepresentation, and lasting financial harm.
Status:
Signed by Governor