S T A T E O F N E W Y O R K
________________________________________________________________________
4566
2017-2018 Regular Sessions
I N S E N A T E
February 17, 2017
___________
Introduced by Sen. SQUADRON -- read twice and ordered printed, and when
printed to be committed to the Committee on Codes
AN ACT to amend the penal law, in relation to the storage of firearms by
collateral loan brokers
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:
Section 1. Section 400.00 of the penal law is amended by adding a new
subdivision 16-c to read as follows:
16-C. COLLATERAL LOAN BROKERS. ALL LAWS AND REGULATIONS OF THIS ARTI-
CLE COVERING THE OPERATION OF GUNSMITHS AND DEALERS IN FIREARMS SHALL
HEREINAFTER APPLY TO ALL PERSONS, CORPORATIONS, PARTNERSHIPS, OR FIRMS
THAT PAWN, PLEDGE, PURCHASE, OR SELL FIREARMS, AND CARRY ON THE BUSINESS
OF COLLATERAL LOAN BROKERS.
§ 2. This act shall take effect immediately.
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD04414-01-7