LegalFix

§ 703.6 - Recordkeeping.

Copy with citation
Copy as parenthetical citation

The Mechanism shall maintain records on each dispute referred to it which shall include:

Name, address and telephone number of the consumer;

Name, address, telephone number and contact person of the warrantor;

Brand name and model number of the product involved;

The date of receipt of the dispute and the date of disclosure to the consumer of the decision;

All letters or other written documents submitted by either party;

All other evidence collected by the Mechanism relating to the dispute, including summaries of relevant and material portions of telephone calls and meetings between the Mechanism and any other person (including consultants described in § 703.4(b) of this part);

A summary of any relevant and material information presented by either party at an oral presentation;

The decision of the members including information as to date, time and place of meeting, and the identity of members voting; or information on any other resolution;

A copy of the disclosure to the parties of the decision;

A statement of the warrantor's intended action(s);

Copies of follow-up letters (or summaries of relevant and material portions of follow-up telephone calls) to the consumer, and responses thereto; and

Any other documents and communications (or summaries of relevant and material portions of oral communications) relating to the dispute.

The Mechanism shall maintain an index of each warrantor's disputes grouped under brand name and sub-grouped under product model.

The Mechanism shall maintain an index for each warrantor as will show:

All disputes in which the warrantor has promised some performance (either by settlement or in response to a Mechanism decision) and has failed to comply; and

All disputes in which the warrantor has refused to abide by a Mechanism decision.

The Mechanism shall maintain an index as will show all disputes delayed beyond 40 days.

The Mechanism shall compile semi-annually and maintain statistics which show the number and percent of disputes in each of the following categories:

Resolved by staff of the Mechanism and warrantor has complied;

Resolved by staff of the Mechanism, time for compliance has occurred, and warrantor has not complied;

Resolved by staff of the Mechanism and time for compliance has not yet occurred;

Decided by members and warrantor has complied;

Decided by members, time for compliance has occurred, and warrantor has not complied;

Decided by members and time for compliance has not yet occurred;

Decided by members adverse to the consumer;

No jurisdiction;

Decision delayed beyond 40 days under § 703.5(e)(1) of this part;

Decision delayed beyond 40 days under § 703.5(e)(2) of this part;

Decision delayed beyond 40 days for any other reason; and

Pending decision.

The Mechanism shall retain all records specified in paragraphs (a) through (e) of this section for at least 4 years after final disposition of the dispute.

LegalFix

Copyright ©2024 LegalFix. All rights reserved. LegalFix is not a law firm, is not licensed to practice law, and does not provide legal advice, services, or representation. The information on this website is an overview of the legal plans you can purchase—or that may be provided by your employer as an employee benefit or by your credit union or other membership group as a membership benefit.

LegalFix provides its members with easy access to affordable legal services through a network of independent law firms. LegalFix, its corporate entity, and its officers, directors, employees, agents, and contractors do not provide legal advice, services, or representation—directly or indirectly.

The articles and information on the site are not legal advice and should not be relied upon—they are for information purposes only. You should become a LegalFix member to get legal services from one of our network law firms.

You should not disclose confidential or potentially incriminating information to LegalFix—you should only communicate such information to your network law firm.

The benefits and legal services described in the LegalFix legal plans are not always available in all states or with all plans. See the legal plan Benefit Overview and the more comprehensive legal plan contract during checkout for coverage details in your state.

Use of this website, the purchase of legal plans, and access to the LegalFix networks of law firms are subject to the LegalFix Terms of Service and Privacy Policy.

We have updated our Terms of Service, Privacy Policy, and Disclosures. By continuing to browse this site, you agree to our Terms of Service, Privacy Policy, and Disclosures.
§ 703.6 - Recordkeeping.