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Arizona Permits Unilateral Modifications of Standard Consumer Contracts Upon Reasonable Notice and Opt-Out Opportunity | Carlton Fields - Vimarsana News

Arizona Permits Unilateral Modifications of Standard Consumer Contracts Upon Reasonable Notice and Opt-Out Opportunity | Carlton Fields

In October 2018, Eva Cornell opened checking and savings accounts with Desert Financial Credit Union. In so doing, Cornell agreed to terms and conditions, including an agreement that...

High court adopts rule from draft restatement in case over change-in-terms on electronic account statements - Vimarsana News

High court adopts rule from draft restatement in case over change-in-terms on electronic account statements

High court adopts rule from draft restatement in case over change-in-terms on electronic account statements- Filling a gap in common law requirements for modification of a consumer contract — in a case where a credit union posted a change-in-terms on electronic account statements — the Arizona Supreme Court adopted a 2022 proposal from Tentative Draft No. 2...