LRBa1090/1
ARG:jld
2015 - 2016 LEGISLATURE
SENATE AMENDMENT 3,
TO ASSEMBLY BILL 23
November 6, 2015 - Offered by Senators Lassa, Hansen, Ringhand, Bewley and
Vinehout.
AB23-SA3,1,11 At the locations indicated, amend the bill as follows:
AB23-SA3,1,2 21. Page 2, line 10: delete "No" and substitute "Subject to par. (f), no".
AB23-SA3,1,3 32. Page 2, line 22: delete "An" and substitute "Subject to par. (f), an".
AB23-SA3,1,4 43. Page 3, line 3: before that line insert:
AB23-SA3,1,8 5"(f) Paragraphs (b) and (c) apply only if the offer, promise, agreement, or
6commitment by a financial institution or its affiliate described in par. (b) also
7includes a written disclosure, in bold type and initialed by the party seeking to
8enforce the offer, promise, agreement, or commitment, that states all of the following:
AB23-SA3,1,109 1. All subsequent oral communication that may seem like a modification of the
10offer, promise, agreement, or commitment is not an enforceable modification.
AB23-SA3,2,3
12. Any subsequent written communication that may seem like a modification
2of the offer, promise, agreement, or commitment might not, depending on the
3circumstances, be an enforceable modification.".
AB23-SA3,2,44 (End)
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