S03040 Summary:

BILL NOS03040
 
SAME ASSAME AS A02995
 
SPONSORKRUGER
 
COSPNSR
 
MLTSPNSR
 
Add S520-d, Gen Bus L
 
Prohibits the unsolicited mailing of convenience checks to consumers without the express consent of the consumer.
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S03040 Actions:

BILL NOS03040
 
02/07/2011REFERRED TO CONSUMER PROTECTION
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S03040 Floor Votes:

There are no votes for this bill in this legislative session.
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S03040 Text:



 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                          3040
 
                               2011-2012 Regular Sessions
 
                    IN SENATE
 
                                    February 7, 2011
                                       ___________
 
        Introduced  by  Sen.  KRUGER -- read twice and ordered printed, and when
          printed to be committed to the Committee on Consumer Protection
 
        AN ACT to amend the general business law, in relation to prohibiting the
          unsolicited mailing of convenience checks to consumers
 
          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  520-d to read as follows:
     3    §  520-d. Unsolicited convenience checks. a. Notwithstanding any other
     4  provision of law, no issuer or person, firm,  partnership,  association,
     5  corporation  or  agent acting on behalf of an issuer, whether or not the
     6  issuer is located in this state, shall  send  convenience  checks  to  a
     7  credit  card  or  debit card holder unless express consent of the credit
     8  card or debit card holder has been obtained.
     9    b. For purposes of this section, "convenience checks" means any  nego-
    10  tiable instrument, as defined by section 3-104 of the uniform commercial
    11  code,  provided  to  a credit card or debit card holder by a credit card

    12  issuer or person, firm, partnership, association, corporation  or  agent
    13  acting on behalf of an issuer.
    14    § 2. This act shall take effect immediately.
 
 
 
 
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD06410-01-1
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