STATE OF NEW YORK
________________________________________________________________________
2806--A
2013-2014 Regular Sessions
IN ASSEMBLY
January 18, 2013
___________
Introduced by M. of A. WRIGHT -- read once and referred to the Committee
on Economic Development -- recommitted to the Committee on Economic
Development in accordance with Assembly Rule 3, sec. 2 -- committee
discharged, bill amended, ordered reprinted as amended and recommitted
to said committee
AN ACT to amend the general business law, in relation to attesting by
signature that an individual is the true owner of the property
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 44-a to read as follows:
3 § 44-a. Attestation. An individual pledging an item of personal prop-
4 erty to a collateral loan broker shall attest by signature, under penal-
5 ty of perjury, that he or she is the true owner of the personal proper-
6 ty.
7 § 2. This act shall take effect on the sixtieth day after it shall
8 have become a law.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[] is old law to be omitted.
LBD00552-02-4
