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Assembly Bill A7176

2009-2010 Legislative Session

Requires returned certificate of title as a result of incorrect mailing address information, to forward such certificate of title to the state comptroller

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Archive: Last Bill Status - In Assembly Committee

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2009-A7176 (ACTIVE) - Details

Current Committee:
Assembly Transportation
Law Section:
Vehicle and Traffic Law
Laws Affected:
Amd ยง2014, V & T L

2009-A7176 (ACTIVE) - Summary

Requires creditors or dealers who do business in the state who receive a returned certificate of title as a result of incorrect mailing address information, to forward such certificate of title to the state comptroller.

2009-A7176 (ACTIVE) - Bill Text download pdf 

                            
                    S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                  7176

                       2009-2010 Regular Sessions

                          I N  A S S E M B L Y

                             March 25, 2009
                               ___________

Introduced by M. of A. ALESSI -- read once and referred to the Committee
  on Transportation

AN  ACT  to  amend the vehicle and traffic law, in relation to requiring
  creditors and dealers, who receive a returned certificate of title  as
  a  result  of  incorrect  mailing address information, to forward such
  certificate of title to the state comptroller

  THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
BLY, DO ENACT AS FOLLOWS:

  Section  1.  Section 2114 of the vehicle and traffic law is amended by
adding a new subdivision (c) to read as follows:
  (C) THE COMMISSIONER SHALL PROMULGATE RULES AND REGULATIONS  REQUIRING
CREDITORS OR DEALERS, AS DEFINED BY SECTION FOUR HUNDRED FIFTEEN OF THIS
CHAPTER, AUTHORIZED TO DO BUSINESS IN THIS STATE, WHO RECEIVE A RETURNED
CERTIFICATE  OF  TITLE AS A RESULT OF INCORRECT MAILING ADDRESS INFORMA-
TION, TO FORWARD SUCH CERTIFICATE OF TITLE TO THE STATE  COMPTROLLER  AS
THE CUSTODIAN OF UNCLAIMED FUNDS.
  S 2. This act shall take effect immediately.





 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD09600-02-9

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