S06650 Summary:

BILL NOS06650
 
SAME ASNo same as
 
SPONSORBONACIC
 
COSPNSR
 
MLTSPNSR
 
Amd S7503, CPLR
 
Relates to the notice of intention to arbitrate.
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S06650 Actions:

BILL NOS06650
 
03/08/2012REFERRED TO JUDICIARY
03/20/20121ST REPORT CAL.396
03/21/20122ND REPORT CAL.
03/22/2012ADVANCED TO THIRD READING
06/21/2012COMMITTED TO RULES
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S06650 Floor Votes:

There are no votes for this bill in this legislative session.
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S06650 Text:



 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                          6650
 
                    IN SENATE
 
                                      March 8, 2012
                                       ___________
 
        Introduced  by Sen. BONACIC -- (at request of the Office of Court Admin-
          istration) -- 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 the
          notice of intention to arbitrate
 
          The People of the State of New York, represented in Senate and  Assem-

        bly, do enact as follows:
 
     1    Section  1.  Subdivision (c) of section 7503 of the civil practice law
     2  and rules, as amended by chapter 1028 of the laws of 1973, is amended to
     3  read as follows:
     4    (c) Notice of intention to arbitrate. A party may serve  upon  another
     5  party  a  demand  for arbitration or a notice of intention to arbitrate,
     6  specifying the agreement pursuant to which arbitration is sought and the
     7  name and address of the party serving the notice, or of  an  officer  or
     8  agent  thereof if such party is an association or corporation, and stat-
     9  ing that unless the party served applies to stay the arbitration  within
    10  [twenty]  thirty days after such service [he] the party shall thereafter
    11  be precluded from objecting that a valid agreement was not made  or  has

    12  not  been complied with and from asserting in court the bar of a limita-
    13  tion of time. Such notice or demand shall be served in the  same  manner
    14  as  a  summons  or  by  registered  or  certified  mail,  return receipt
    15  requested. An application to stay arbitration must be made by the  party
    16  served  within  [twenty] thirty days after service upon [him] such party
    17  of the notice or demand, or  [he]  the  party  shall  be  so  precluded.
    18  Notice  of  such  application  shall  be  served in the same manner as a
    19  summons or by registered or certified mail,  return  receipt  requested.
    20  Service  of  the application may be made upon the adverse party, or upon
    21  [his] such party's attorney if the attorney's name appears on the demand

    22  for arbitration or the notice of intention to arbitrate. Service of  the
    23  application by mail shall be timely if such application is posted within
    24  the  prescribed  period.  Any  provision  in an arbitration agreement or
    25  arbitration rules which waives the right to apply for a  stay  of  arbi-
    26  tration is hereby declared null and void.
 
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD14024-01-2

        S. 6650                             2
 
     1    §  2. This act shall take effect on the first of January next succeed-
     2  ing the date on which it shall have become a law and shall apply to  all
     3  actions  pending  on  such  effective date or commenced on or after such
     4  effective date.
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