|Assembly Actions - Lowercase
Senate Actions - UPPERCASE
|Jul 18, 2012||signed chap.181|
|Jul 06, 2012||delivered to governor|
|Jun 21, 2012||returned to assembly|
3rd reading cal.1536
substituted for s7752
|Jun 21, 2012||substituted by a10640b|
ordered to third reading cal.1536
|Jun 18, 2012||referred to rules|
senate Bill S7752Signed By Governor
Archive: Last Bill Status Via A10640 -
- In Committee
- On Floor Calendar
- Passed Senate
- Passed Assembly
- Delivered to Governor
- Signed by Governor
S7752 - Details
- See Assembly Version of this Bill:
- Law Section:
- Insurance Law
- Laws Affected:
- Amd §§1108, 6801, 6802 & 6803, add §6805, Ins L
S7752 - Sponsor Memo
BILL NUMBER:S7752 TITLE OF BILL: An act to amend the insurance law, in relation to charitable bail organizations SUMMARY OF PROVISIONS: Section 1 of this bill amends section 1108 of the insurance law by adding a new subsection (k) to include a charitable bail organization as an entity which may be issued a certificate by the superintendent. PURPOSE: This bill provides the legal definition and requirements for charitable bail organizations organized for the purpose of posting cash bail for poor persons. Section 2 of this bill amends subsections (a) and (b) of section 6801 of the insurance law to include a charitable bail organization in the definition of an entity conducting bail business. Section 3 of this bill amends subsections (a), (b), (c), (h), and (m) of section 6802 of the insurance law outlining the application for certification process to include a charitable bail organization.
S7752 - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 7752 I N S E N A T E June 18, 2012 ___________ Introduced by Sen. RIVERA -- 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 charitable bail organ- izations THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Section 1108 of the insurance law is amended by adding a new subsection (k) to read as follows: (K) A CHARITABLE BAIL ORGANIZATION HOLDING A CERTIFICATE ISSUED BY THE SUPERINTENDENT PURSUANT TO SECTION SIX THOUSAND EIGHT HUNDRED FIVE OF THIS CHAPTER. S 2. Subsections (a) and (b) of section 6801 of the insurance law are amended to read as follows: (a) (1) Any person, firm or corporation in any court having criminal jurisdiction or in any criminal action or proceeding who shall for another deposit money or property as bail or execute as surety any bail bond who within a period of one month prior thereto shall have made such a deposit or given such bail in more than two cases not arising out of the same transaction shall be deemed to be doing a bail [bond] business and doing an insurance business as defined in article eleven of this chapter. (2) Except for a corporation authorized to write fidelity and surety insurance and to do a bail [bond] business pursuant to the provisions of article eleven of this chapter and otherwise in compliance with all other requirements of this chapter to do such business OR A CHARITABLE BAIL ORGANIZATION HOLDING A CERTIFICATE ISSUED BY THE SUPERINTENDENT PURSUANT TO SECTION SIX THOUSAND EIGHT HUNDRED FIVE OF THIS ARTICLE AND OTHERWISE IN COMPLIANCE WITH ALL OTHER REQUIREMENT OF THIS CHAPTER, no person, firm or corporation shall engage in [such] A BAIL business IN THIS STATE. (b) (1) No person, firm or corporation shall in this state do an insurance business or a bail [bond] business as defined in subsection (a) of this section unless authorized by a license issued and in force as provided under article eleven of this chapter. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted.
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