A07602 Summary:
| BILL NO | A07602 |
| SAME AS | No Same As |
| SPONSOR | Santabarbara |
| COSPNSR | Reyes |
| MLTSPNSR | Levenberg |
| Add §399-yyyyy, Gen Bus L | |
| Requires certain legal notices related to class actions be in a readable format; provides penalties failing to comply with the requirements for legal notices. | |
A07602 Text:
Go to topSTATE OF NEW YORK ________________________________________________________________________ 7602 2025-2026 Regular Sessions IN ASSEMBLY April 1, 2025 ___________ Introduced by M. of A. SANTABARBARA -- read once and referred to the Committee on Consumer Affairs and Protection AN ACT to amend the general business law, in relation to the readability of legal notices pertaining to consumer settlements and lawsuits The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. The general business law is amended by adding a new section 2 399-yyyyy to read as follows: 3 § 399-yyyyy. Readability of certain legal notices. 1. For the purposes 4 of this section, "legal notice" shall mean a letter sent to a prospec- 5 tive person regarding a class action lawsuit, class action settlement or 6 notice of a potential financial claim. 7 2. Any legal notice sent to residents in the state of New York shall 8 comply with the following: 9 (a) have a minimum twelve-point font; 10 (b) include a QR or website link directing a residents to a digital 11 version of such legal notice which shall also include a large print 12 version of such legal notice in sixteen-point font; 13 (c) provide a plain language summary in one paragraph of text that 14 includes the following information: 15 (i) the nature of the legal notice; 16 (ii) who is eligible for such legal notice; 17 (iii) how a resident may make a claim in response to such legal 18 notice; and 19 (iv) the response deadline. 20 3. Any person, entity or law firm who fails to comply with the 21 provisions of this section shall be considered to have violated section 22 three hundred forty-nine of this chapter and shall be subject to such 23 remedies therein. 24 § 2. This act shall take effect immediately. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD11310-01-5