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A00345 Summary:

BILL NOA00345
 
SAME ASNo Same As
 
SPONSORPaulin
 
COSPNSRRosenthal, Colton, Seawright
 
MLTSPNSR
 
Amd §1602, CPLR
 
Provides that limited liability for persons held jointly liable shall not apply to parties held liable for failing to provide reasonable security or failing to provide security required by federal, state or local law, rules or regulations.
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A00345 Text:



 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                           345
 
                               2025-2026 Regular Sessions
 
                   IN ASSEMBLY
 
                                       (Prefiled)
 
                                     January 8, 2025
                                       ___________
 
        Introduced by M. of A. PAULIN, ROSENTHAL, COLTON, SEAWRIGHT -- read once
          and referred to the Committee on Judiciary
 
        AN ACT to amend the civil practice law and rules, in relation to limited
          liability of persons jointly liable

          The  People of the State of New York, represented in Senate and Assem-
        bly, do enact as follows:
 
     1    Section 1. Section 1602 of the civil practice law and rules is amended
     2  by adding a new subdivision 15 to read as follows:
     3    15. not apply to any person who owns, manages, and/or controls proper-
     4  ty who is held liable for failing to provide  security  as  required  by
     5  law, rule or regulation.
     6    §  2. This act shall take effect immediately and shall apply to causes
     7  of action commenced or pending on or after such date.
 
 
 
 
 
 
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD00768-01-5
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