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A07462 Summary:

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A07462 Committee Votes:

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A07462 Text:

 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                         7462--A
 
                               2015-2016 Regular Sessions
 
                   IN ASSEMBLY
 
                                      May 12, 2015
                                       ___________
 
        Introduced  by  M.  of  A.  GOLDFEDER  --  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 junk and
          salvage vehicles
 
          The People of the State of New York, represented in Senate and  Assem-
        bly, do enact as follows:
 
     1    Section  1. Paragraph (b) of subdivision 1 of section 429 of the vehi-
     2  cle and traffic law, as amended by chapter 691 of the laws of  1979,  is
     3  amended to read as follows:
     4    (b)  By  a  vehicle  dismantler. Whenever a person who is engaged in a
     5  business requiring him to be registered as a vehicle  dismantler  or  an
     6  itinerant vehicle collector acquires a motor vehicle which has been sold
     7  or  otherwise  disposed  of  as  junk  or for salvage, such person shall
     8  deliver a statement concerning such acquisition to the  commissioner  as
     9  provided  in  this section. Such person shall deliver the certificate of
    10  title or any other ownership documents relating to  such  motor  vehicle
    11  properly  executed  to  transfer  title by the transferor to the vehicle
    12  dismantler or itinerant vehicle collector  and  notices  of  release  of
    13  security  interest  from any lienholder whose lien has been satisfied to
    14  the commissioner with the required statement  of  acquisition.  However,
    15  the  provisions  of  this subdivision shall not apply to a vehicle which
    16  has been transferred to a vehicle dismantler  registered  under  section
    17  four  hundred  fifteen-a  of  this chapter by means of a document issued
    18  pursuant to this section. The commissioner may, by regulation, allow the
    19  requirements of this subdivision with respect to the delivery  of  docu-
    20  ments  to be satisfied by an electronic filing of the necessary informa-
    21  tion by or on behalf of the person to whom such requirements apply.
    22    § 2. This act shall take effect immediately.
 
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD09728-03-5