Assembly Bill A7175

2017-2018 Legislative Session

Relates to arbitration organizations

download bill text pdf

Sponsored By

Archive: Last Bill Status - On Floor Calendar


  • 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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2017-A7175 (ACTIVE) - Details

Law Section:
General Business Law
Laws Affected:
Amd §399-c, Gen Bus L
Versions Introduced in Other Legislative Sessions:
2011-2012: A8431
2013-2014: A604
2015-2016: A108
2019-2020: A7438
2021-2022: A3297
2023-2024: A2118

2017-A7175 (ACTIVE) - Summary

Relates to arbitration organizations; requires private arbitration organizations involved in fifty or more consumer arbitrations per year to collect, publish at least quarterly, and make available to the public in a computer-searchable database certain information relating to such arbitrations; prohibits financial conflicts of interest.

2017-A7175 (ACTIVE) - Bill Text download pdf

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   7175
 
                        2017-2018 Regular Sessions
 
                           I N  A S S E M B L Y
 
                              April 12, 2017
                                ___________
 
 Introduced  by  M.  of A. KAVANAGH, DINOWITZ, COOK, STECK, COLTON, GOTT-
   FRIED, HOOPER, ARROYO, GALEF,  PICHARDO,  MAYER,  SEAWRIGHT,  SIMOTAS,
   ABINANTI  --  Multi-Sponsored by -- M. of A. PERRY, SIMON -- read once
   and referred to the Committee on Consumer Affairs and Protection
 
 AN ACT to amend the general business law,  in  relation  to  arbitration
   organizations
 
   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section 1. Subdivision 1 of section 399-c of the general business  law
 is amended by adding a new paragraph e to read as follows:
   E.  THE  TERM  "ARBITRATION  ORGANIZATION"  SHALL MEAN AN ASSOCIATION,
 AGENCY, BOARD, COMMISSION, OR OTHER ENTITY THAT IS  NEUTRAL  AND  INITI-
 ATES,  SPONSORS, OR ADMINISTERS AN ARBITRATION PROCEEDING OR IS INVOLVED
 IN THE APPOINTMENT OF AN ARBITRATOR UNLESS SUCH INVOLVEMENT  IS  LIMITED
 TO A CONTRACTUAL RELATIONSHIP THAT AUTHORIZES THE USE OF ARBITRATION.
   §  2.  Section  399-c of the general business law is amended by adding
 three new subdivisions 3, 4 and 5 to read as follows:
   3. A. ANY PRIVATE ARBITRATION  ORGANIZATION  THAT  ADMINISTERS  OR  IS
 OTHERWISE  INVOLVED  IN FIFTY OR MORE CONSUMER ARBITRATIONS A YEAR SHALL
 COLLECT, PUBLISH AT LEAST QUARTERLY, AND MAKE AVAILABLE TO THE PUBLIC IN
 A COMPUTER-SEARCHABLE DATABASE  THAT  PERMITS  SEARCHING  WITH  MULTIPLE
 SEARCH TERMS IN THE SAME SEARCH, WHICH SHALL BE ACCESSIBLE AT THE INTER-
 NET  WEBSITE  OF  THE  PRIVATE  ARBITRATION ORGANIZATION, IF ANY, AND ON
 PAPER UPON REQUEST, ALL OF  THE  FOLLOWING  INFORMATION  REGARDING  EACH
 CONSUMER  ARBITRATION  IT HAS ADMINISTERED OR OTHERWISE BEEN INVOLVED IN
 WITHIN THE PRECEDING FIVE YEARS:
   (1) THE NAME OF THE NON-CONSUMER PARTY, IF THE NON-CONSUMER PARTY IS A
 CORPORATION OR OTHER BUSINESS ENTITY;
   (2) THE STATE AND ZIP CODE IN WHICH THE CONSUMER PARTY RESIDED AT  THE
 TIME OF ARBITRATION;
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD03177-01-7
              

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