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S03160 Summary:

BILL NOS03160
 
SAME ASSAME AS A00345
 
SPONSORHOYLMAN-SIGAL
 
COSPNSR
 
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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S03160 Text:



 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                          3160
 
                               2025-2026 Regular Sessions
 
                    IN SENATE
 
                                    January 24, 2025
                                       ___________
 
        Introduced  by Sen. HOYLMAN-SIGAL -- read twice and ordered printed, and
          when printed to be committed 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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