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.
STATE OF NEW YORK
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1264
2015-2016 Regular Sessions
IN SENATE
January 9, 2015
___________
Introduced by Sen. PERALTA -- 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 14 to read as follows:
3 14. not apply to any person who owns, manages, and/or controls proper-
4 ty who is found to have failed to provide security as required by law,
5 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.
LBD00362-01-5
