Assembly Bill A8382

Signed By Governor
2009-2010 Legislative Session

Extends the effectiveness of open end loans

download bill text pdf

Sponsored By

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

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2009-A8382 (ACTIVE) - Details

See Senate Version of this Bill:
S5534
Law Section:
Banking Law
Laws Affected:
Amd §3, Chap 223 of 1996
Versions Introduced in 2011-2012 Legislative Session:
A8102

2009-A8382 (ACTIVE) - Summary

Extends the effectiveness of open end loans.

2009-A8382 (ACTIVE) - Sponsor Memo

2009-A8382 (ACTIVE) - Bill Text download pdf

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

                                  8382

                       2009-2010 Regular Sessions

                          I N  A S S E M B L Y

                              May 18, 2009
                               ___________

Introduced by M. of A. CASTRO -- read once and referred to the Committee
  on Banks

AN  ACT  to  amend chapter 223 of the laws of 1996, amending the banking
  law relating to permissible fees in connection with open end loans, in
  relation to extending the effectiveness thereof

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

  Section  1. Section 3 of chapter 223 of the laws of 1996, amending the
banking law relating to permissible fees in  connection  with  open  end
loans, as amended by chapter 212 of the laws of 2007, is amended to read
as follows:
  S  3. This act shall take effect immediately, and remain in full force
and effect until June 30, [2009] 2011, when, upon such date, the  amend-
ments  made  by  this  act  shall expire and be deemed repealed, and the
provisions of law amended by this act shall revert to their text and  be
read as they were immediately prior to the effective date of this act.
  S 2. This act shall take effect immediately.





 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD11860-01-9


              

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