A creditor, seller, insurer or lessor who fails to comply with section 2 of this act shall be
liable to a consumer who is a party to the consumer contract for actual damages sustained, if the
violation caused the consumer to be substantially confused about the rights, obligations or
remedies of the contract, plus punitive damages in an amount up to $50.00. The creditor, seller,
insurer or lessor shall also be liable for the consumer's reasonable attorney's fees and costs, not to
exceed $2,500.00.
L.1980, c. 125, s. 3, eff. Oct. 16, 1980. Amended by L.1981, c. 464, s. 3.
56:12-4. Class actions; limitation on punitive damages
Class actions may be brought under the provisions of this act, but the amount of punitive
damages shall be limited to $10,000.00 against any one seller, lessor, insurer or creditor and the
amount of attorney's fees may not exceed $10,000.00.
L.1980, c. 125, s. 4, eff. Oct. 16, 1980. Amended by L.1981, c. 464, s. 4.
56:12-4.1. Reform or limit of provision of consumer contract by court; findings
In addition to the remedies provided in this act, a court reviewing a consumer contract may
reform or limit a provision so as to avoid an unfair result if it finds that:
a. a material provision of the contract violates this act;
b. the violation caused the consumer to be substantially confused about any of the rights,
obligations or remedies of the contract; and
c. the violation has caused or is likely to cause financial detriment to the consumer.