•  Summary 
  •  Actions 
  •  Floor Votes 
  •  Memo 
  •  Text 

A00633 Summary:

SPONSORWeinstein (MS)
COSPNSRWright, Jaffee, Boyland, Millman, Titus, Gibson, Rivera P, Titone, Lancman, Castro, Roberts, Gunther, Colton, Rosenthal, Weprin, Galef, Abinanti
MLTSPNSRCrespo, Cymbrowitz, Glick, Gottfried, Hikind, Jacobs, McEneny, Perry, Schimel
Amd SS213, 3012, & 3215, amd RR3016 & 3211, add SS214-f, 306-d & 7515, CPLR
Enacts the "consumer credit fairness act"; establishes a 3 year statute of limitations for commencement of a cause of action arising out of a consumer credit transaction where the defendant is a purchaser, borrower or debtor; establishes a notice of lawsuit which must be mailed to the defendant in such a cause of action; establishes certain requirements for the complaint in such an action; provides for arbitration of such actions.
Go to top