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Senate Bill S5693

2015-2016 Legislative Session

Relates to unfair practices by franchisors

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Archive: Last Bill Status - In Senate Committee Transportation Committee

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2015-S5693 (ACTIVE) - Details

See Assembly Version of this Bill:
A6963
Current Committee:
Senate Transportation
Law Section:
Vehicle and Traffic Law
Laws Affected:
Amd ยง463, V & T L

2015-S5693 (ACTIVE) - Summary

Relates to unfair practices by franchisors.

2015-S5693 (ACTIVE) - Sponsor Memo

2015-S5693 (ACTIVE) - Bill Text download pdf 

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

                                  5693

                       2015-2016 Regular Sessions

                            I N  S E N A T E

                              May 28, 2015
                               ___________

Introduced  by  Sen.  ROBACH -- read twice and ordered printed, and when
  printed to be committed to the Committee on Transportation

AN ACT to amend the vehicle and traffic law, in relation to unfair prac-
  tices by franchisors

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

  Section  1.  Clause (B) of subparagraph 4 of paragraph (e) of subdivi-
sion 1 of section 463 of the vehicle and traffic law, as added by  chap-
ter 26 of the laws of 2014, is amended to read as follows:
  (B) requiring that [a dealer that sells] an extended service contract,
extended  maintenance  plan, or similar product SOLD BY A DEALER that is
not offered, endorsed or sponsored by the franchisor, [disclose  to  the
consumer] CONTAINS the disclosures required under section seven thousand
nine  hundred  five  of  the  insurance  law, and [a separate statement,
acknowledged by the consumer, that] A CLEAR AND  CONSPICUOUS  DISCLOSURE
REGARDING  THE IDENTITY OF THE PERSON THAT IS OBLIGATED TO PERFORM UNDER
the extended service contract,  extended  maintenance  plan  or  similar
product  [is  not  offered,  endorsed or sponsored by the franchisor, if
that is the case].
  S 2. This act shall take effect immediately.




 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD10291-03-5

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