S05693 Summary:

BILL NOS05693
 
SAME ASSAME AS A06963-A
 
SPONSORROBACH
 
COSPNSR
 
MLTSPNSR
 
Amd S463, V & T L
 
Relates to unfair practices by franchisors.
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S05693 Actions:

BILL NOS05693
 
05/28/2015REFERRED TO TRANSPORTATION
06/15/2015COMMITTEE DISCHARGED AND COMMITTED TO RULES
01/06/2016REFERRED TO TRANSPORTATION
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S05693 Committee Votes:

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S05693 Floor Votes:

There are no votes for this bill in this legislative session.
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S05693 Text:



 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                          5693
 
                               2015-2016 Regular Sessions
 
                    IN SENATE
 
                                      May 28, 2015
                                       ___________
 
        Introduced  by  Sen.  ROBACH -- read twice and ordered printed, and when
          printed to be committed to the Committee on Transportation
 
        AN ACT to amend the vehicle and traffic law, in relation to unfair prac-
          tices by franchisors
 
          The People of the State of New York, represented in Senate and  Assem-
        bly, do enact as follows:
 
     1    Section  1.  Clause (B) of subparagraph 4 of paragraph (e) of subdivi-
     2  sion 1 of section 463 of the vehicle and traffic law, as added by  chap-
     3  ter 26 of the laws of 2014, is amended to read as follows:
     4    (B) requiring that [a dealer that sells] an extended service contract,
     5  extended  maintenance  plan, or similar product sold by a dealer that is
     6  not offered, endorsed or sponsored by the franchisor, [disclose  to  the
     7  consumer] contains the disclosures required under section seven thousand
     8  nine  hundred  five  of  the  insurance  law, and [a separate statement,
     9  acknowledged by the consumer, that] a clear and  conspicuous  disclosure
    10  regarding  the identity of the person that is obligated to perform under
    11  the extended service contract,  extended  maintenance  plan  or  similar
    12  product  [is  not  offered,  endorsed or sponsored by the franchisor, if
    13  that is the case].
    14    § 2. This act shall take effect immediately.
 
 
 
 
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD10291-03-5
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