STATE OF NEW YORK
________________________________________________________________________
6963--A
2015-2016 Regular Sessions
IN ASSEMBLY
April 15, 2015
___________
Introduced by M. of A. ABBATE -- read once and referred to the Committee
on Transportation -- committee discharged, bill amended, ordered
reprinted as amended and recommitted to said committee
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.
LBD10291-02-5