Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Aug 19, 2011 |
tabled |
Aug 17, 2011 |
vetoed memo.39 |
Aug 05, 2011 |
delivered to governor |
Jun 22, 2011 |
returned to assembly passed senate 3rd reading cal.1505 substituted for s5747 |
Jun 22, 2011 |
substituted by a8251 ordered to third reading cal.1505 |
Jun 14, 2011 |
referred to rules |
Senate Bill S5747
Vetoed By Governor2011-2012 Legislative Session
Sponsored By
(R, C, IP) Senate District
Archive: Last Bill Status Via A8251 - Vetoed by Governor
- Introduced
-
- In Committee Assembly
- In Committee Senate
-
- On Floor Calendar Assembly
- On Floor Calendar Senate
-
- Passed Assembly
- Passed Senate
- Vetoed By Governor
- Signed By Governor
Actions
Votes
2011-S5747 (ACTIVE) - Details
- See Assembly Version of this Bill:
- A8251
- Law Section:
- Insurance Law
- Laws Affected:
- Amd §2131, Ins L
2011-S5747 (ACTIVE) - Sponsor Memo
BILL NUMBER:S5747 TITLE OF BILL: An act to amend the insurance law, in relation to disclosures by limited licensees PURPOSE OR GENERAL IDEA OF BILL: To clarify the disclosure requirements for wireless communications equipment insurance companies. SUMMARY OF SPECIFIC PROVISIONS: The bill amends section 2131 which sets forth the requirements, including disclosures, of limited licensees which can offer insurance for wireless communications equipment. JUSTIFICATION: The wireless communications vendor ("wireless vendor") is licensed as a "limited licensee" under Section 2131 of the Insurance Law. As required under §2131(e) (2), when the wireless vendor offers the purchaser of wireless communications equipment the option of purchasing wireless communications equipment insurance, the wireless vendor makes available to the purchaser written materials summarizing the material terms of the insurance. coverage, including the name of the insurer and the agent licensed under section 2103(b) of the Insurance Law. Additionally, such materials indicate that this product may be a duplication of coverage already provided by a renter's,
2011-S5747 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 5747 2011-2012 Regular Sessions I N S E N A T E June 14, 2011 ___________ Introduced by Sen. LIBOUS -- read twice and ordered printed, and when printed to be committed to the Committee on Rules AN ACT to amend the insurance law, in relation to disclosures by limited licensees THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Section 2131 of the insurance law is amended by adding a new subsection (m) to read as follows: (M) NOTWITHSTANDING ANY LAW, RULE, OR REGULATION TO THE CONTRARY, WITH RESPECT TO WIRELESS COMMUNICATIONS EQUIPMENT INSURANCE, THE ONLY DISCLO- SURES AND MATERIALS REQUIRED IN THE PROVISION OF SUCH INSURANCE SHALL BE THE ITEMS REQUIRED BY THIS SECTION. S 2. This act shall take effect immediately. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD11952-01-1
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