Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Aug 17, 2012 |
signed chap.399 |
Aug 06, 2012 |
delivered to governor |
Jun 19, 2012 |
returned to assembly passed senate 3rd reading cal.1372 substituted for s7493a |
Jun 18, 2012 |
referred to rules delivered to senate passed assembly |
Jun 14, 2012 |
ordered to third reading rules cal.277 rules report cal.277 reported |
Jun 12, 2012 |
reported referred to rules |
Jun 07, 2012 |
referred to judiciary |
Assembly Bill A10591
Signed By Governor2011-2012 Legislative Session
Sponsored By
ROBINSON
Archive: Last Bill Status - Signed by Governor
- Introduced
-
- In Committee Assembly
- In Committee Senate
-
- On Floor Calendar Assembly
- On Floor Calendar Senate
-
- Passed Assembly
- Passed Senate
- Delivered to Governor
- Signed By Governor
Actions
Votes
co-Sponsors
Herman D. Farrell
Helene Weinstein
2011-A10591 (ACTIVE) - Details
- See Senate Version of this Bill:
- S7493
- Law Section:
- Uniform Commercial Code
- Laws Affected:
- Amd §4-A-108, UCC
2011-A10591 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 10591 I N A S S E M B L Y June 7, 2012 ___________ Introduced by COMMITTEE ON RULES -- (at request of M. of A. Robinson, Farrell, Weinstein) -- read once and referred to the Committee on Judiciary AN ACT to amend the uniform commercial code, in relation to clarifying the relationship between article 4-A of the code and the federal Elec- tronic Fund Transfer Act and to clarify such article's applicability to remittance transfers under the Electronic Fund Transfer Act THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Section 4-A-108 of the uniform commercial code, as added by chapter 208 of the laws of 1990, is amended to read as follows: Section 4-A-108. [Exclusion of Consumer Transactions Governed by Federal Law] RELATIONSHIP TO ELECTRONIC FUND TRANSFER ACT. [This] (1) EXCEPT AS PROVIDED IN SUBSECTION (2) OF THIS SECTION, THIS Article does not apply to a funds transfer any part of which is governed by the Electronic Fund Transfer Act of 1978 (Title XX, Public Law 95-630, 92 Stat. 3728, 15 U.S.C. S1693 et seq.) as amended from time to time. (2) THIS ARTICLE SHALL APPLY TO A FUNDS TRANSFER THAT IS A REMITTANCE TRANSFER AS DEFINED IN THE ELECTRONIC FUND TRANSFER ACT (15 U.S.C. SEC. 1693O-1) AS AMENDED FROM TIME TO TIME UNLESS THE REMITTANCE TRANSFER IS AN ELECTRONIC FUND TRANSFER AS DEFINED IN THE ELECTRONIC FUND TRANSFER ACT (15 U.S.C. SEC. 1693A) AS AMENDED FROM TIME TO TIME. (3) IN A FUNDS TRANSFER TO WHICH THIS ARTICLE APPLIES, IN THE EVENT OF AN INCONSISTENCY BETWEEN AN APPLICABLE PROVISION OF THIS ARTICLE AND AN APPLICABLE PROVISION OF THE ELECTRONIC FUND TRANSFER ACT, THE PROVISION OF THE ELECTRONIC FUND TRANSFER ACT GOVERNS TO THE EXTENT OF THE INCON- SISTENCY. S 2. This act shall take effect immediately. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD16136-01-2
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