assembly Bill A2476B

2017-2018 Legislative Session

Relates to allowing electronic delivery of notices of premium finance agencies with insured consent

download bill text pdf

Sponsored By

Current Bill Status - In Assembly Committee


  • Introduced
  • In Committee
  • On Floor Calendar
    • Passed Senate
    • Passed Assembly
  • Delivered to Governor
  • Signed/Vetoed by Governor

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Actions

view actions (8)
Assembly Actions - Lowercase
Senate Actions - UPPERCASE
May 31, 2018 print number 2476c
May 31, 2018 amend and recommit to banks
May 22, 2018 print number 2476b
May 22, 2018 amend and recommit to banks
Jan 03, 2018 referred to banks
May 08, 2017 print number 2476a
May 08, 2017 amend and recommit to banks
Jan 20, 2017 referred to banks

Co-Sponsors

A2476 - Details

Law Section:
Banking Law
Laws Affected:
Amd §554, Bank L
Versions Introduced in 2015-2016 Legislative Session:
A9893

A2476 - Summary

Amends the definition of the term "mail" with respect to allowing electronic delivery of notices of premium finance agencies with insured consent.

A2476 - Bill Text download pdf

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

                                  2476

                       2017-2018 Regular Sessions

                          I N  A S S E M B L Y

                            January 20, 2017
                               ___________

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

AN  ACT  to  amend  the  banking law, in relation to allowing electronic
  delivery of notices by premium finance agencies with insured consent

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

  Section  1.  Section 554 of the banking law is amended by adding a new
subdivision 10 to read as follows:
  10. "MAIL" MEANS DELIVERY BY UNITED STATES POSTAL SERVICE FIRST  CLASS
MAIL, PERSONAL DELIVERY, OVERNIGHT DELIVERY SERVICE, ELECTRONIC EMAIL OR
FACSIMILE  TRANSMISSION;  PROVIDED  THAT  THE USE OF ELECTRONIC EMAIL OR
FACSIMILE TRANSMISSION BY A PREMIUM FINANCE AGENCY WITH AN INSURED IS IN
COMPLIANCE WITH THE CONSENT REQUIREMENTS OF 15 U.S.C. S 7001(C) AND  THE
REGULATIONS  THEREUNDER,  AS  SUCH  ACT AND REGULATIONS MAY FROM TIME TO
TIME BE AMENDED.
  S 2. This act shall take effect immediately.






 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD02632-01-7

Co-Sponsors

A2476A - Details

Law Section:
Banking Law
Laws Affected:
Amd §554, Bank L
Versions Introduced in 2015-2016 Legislative Session:
A9893

A2476A - Summary

Amends the definition of the term "mail" with respect to allowing electronic delivery of notices of premium finance agencies with insured consent.

A2476A - Bill Text download pdf

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

                                 2476--A

                       2017-2018 Regular Sessions

                          I N  A S S E M B L Y

                            January 20, 2017
                               ___________

Introduced by M. of A. HEVESI, McDONALD -- read once and referred to the
  Committee  on  Banks  --  committee  discharged, bill amended, ordered
  reprinted as amended and recommitted to said committee

AN ACT to amend the banking law,  in  relation  to  allowing  electronic
  delivery of notices by premium finance agencies with insured consent

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

  Section 1. Section 554 of the banking law is amended by adding  a  new
subdivision 10 to read as follows:
  10.  "MAIL" MEANS DELIVERY BY UNITED STATES POSTAL SERVICE FIRST CLASS
MAIL, PERSONAL DELIVERY, OVERNIGHT DELIVERY SERVICE, ELECTRONIC EMAIL OR
FACSIMILE TRANSMISSION; PROVIDED THAT THE USE  OF  ELECTRONIC  EMAIL  OR
FACSIMILE  TRANSMISSION BY A PREMIUM FINANCE AGENCY WITH AN INSURED: (A)
IS IN COMPLIANCE WITH THE CONSENT REQUIREMENTS OF 15  U.S.C.  S  7001(C)
AND  THE  REGULATIONS  THEREUNDER,  AS SUCH ACT AND REGULATIONS MAY FROM
TIME TO TIME BE AMENDED AND (B) CONSPICUOUSLY AND CONCISELY NOTIFIES THE
RECIPIENT REGARDING THE SUBJECT OF SUCH ELECTRONIC  EMAIL  OR  FACSIMILE
TRANSMISSION.
  S 2. This act shall take effect immediately.





 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD02632-03-7

Co-Sponsors

A2476B - Details

Law Section:
Banking Law
Laws Affected:
Amd §554, Bank L
Versions Introduced in 2015-2016 Legislative Session:
A9893

A2476B - Summary

Amends the definition of the term "mail" with respect to allowing electronic delivery of notices of premium finance agencies with insured consent.

A2476B - Bill Text download pdf

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

                                 2476--B

                       2017-2018 Regular Sessions

                          I N  A S S E M B L Y

                            January 20, 2017
                               ___________

Introduced by M. of A. HEVESI, McDONALD -- read once and referred to the
  Committee  on  Banks  --  committee  discharged, bill amended, ordered
  reprinted as amended and recommitted to said committee --  recommitted
  to  the  Committee on Banks in accordance with Assembly Rule 3, sec. 2
  -- committee discharged, bill amended, ordered  reprinted  as  amended
  and recommitted to said committee

AN  ACT  to  amend  the  banking law, in relation to allowing electronic
  delivery of notices by premium finance agencies with insured consent

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

  Section  1.  Section 554 of the banking law is amended by adding a new
subdivision 10 to read as follows:
  10. "MAIL" MEANS DELIVERY BY UNITED STATES POSTAL SERVICE FIRST  CLASS
MAIL, PERSONAL DELIVERY, OVERNIGHT DELIVERY SERVICE, ELECTRONIC EMAIL OR
FACSIMILE  TRANSMISSION;  PROVIDED  THAT  THE USE OF ELECTRONIC EMAIL OR
FACSIMILE TRANSMISSION BY A PREMIUM FINANCE AGENCY WITH AN INSURED:  (A)
IS  IN  COMPLIANCE  WITH THE CONSENT REQUIREMENTS OF 15 U.S.C. S 7001(C)
AND THE REGULATIONS THEREUNDER, AS SUCH ACT  AND  REGULATIONS  MAY  FROM
TIME TO TIME BE AMENDED AND (B) CONSPICUOUSLY AND CONCISELY NOTIFIES THE
RECIPIENT  REGARDING  THE  SUBJECT OF SUCH ELECTRONIC EMAIL OR FACSIMILE
TRANSMISSION.  FOR THE PURPOSES OF THIS SUBDIVISION,  "RECIPIENT"  SHALL
MEAN ANY INDIVIDUAL OR ENTITY STATUTORILY ENTITLED TO NOTICE PURSUANT TO
THIS ARTICLE.
  S 2. This act shall take effect immediately.



 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD02632-05-8

Co-Sponsors

A2476C (ACTIVE) - Details

Law Section:
Banking Law
Laws Affected:
Amd §554, Bank L
Versions Introduced in 2015-2016 Legislative Session:
A9893

A2476C (ACTIVE) - Summary

Amends the definition of the term "mail" with respect to allowing electronic delivery of notices of premium finance agencies with insured consent.

A2476C (ACTIVE) - Bill Text download pdf

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

                                 2476--C

                       2017-2018 Regular Sessions

                          I N  A S S E M B L Y

                            January 20, 2017
                               ___________

Introduced by M. of A. HEVESI, McDONALD -- read once and referred to the
  Committee  on  Banks  --  committee  discharged, bill amended, ordered
  reprinted as amended and recommitted to said committee --  recommitted
  to  the  Committee on Banks in accordance with Assembly Rule 3, sec. 2
  -- committee discharged, bill amended, ordered  reprinted  as  amended
  and  recommitted to said committee -- again reported from said commit-
  tee with amendments, ordered reprinted as amended and  recommitted  to
  said committee

AN  ACT  to  amend  the  banking law, in relation to allowing electronic
  delivery of notices by premium finance agencies with insured consent

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

  Section  1.  Section 554 of the banking law is amended by adding a new
subdivision 10 to read as follows:
  10. "MAIL" MEANS DELIVERY BY UNITED STATES POSTAL SERVICE FIRST  CLASS
MAIL,  PERSONAL DELIVERY, OVERNIGHT DELIVERY SERVICE, ELECTRONIC MAIL OR
FACSIMILE TRANSMISSION; PROVIDED, HOWEVER, THAT WITH RESPECT TO DELIVERY
BY ELECTRONIC MAIL OR FACSIMILE, THE RECIPIENT  HAS:  (A)  CONSENTED  TO
DELIVERY BY EITHER ELECTRONIC MAIL OR FACSIMILE (AS APPLICABLE); (B) THE
CONSENT  MEETS  THE  REQUIREMENTS  SET FORTH IN 15 USC S 7001(C) AND THE
REGULATIONS THEREUNDER, AS SUCH ACT AND REGULATIONS  MAY  FROM  TIME  TO
TIME  BE  AMENDED; AND (C) THE COMMUNICATION CONSPICUOUSLY AND CONCISELY
NOTIFIES THE RECIPIENT REGARDING THE SUBJECT OF SUCH ELECTRONIC MAIL  OR
FACSIMILE  TRANSMISSION.  FOR THE PURPOSES OF THIS SUBDIVISION, "RECIPI-
ENT" SHALL MEAN ANY INDIVIDUAL OR ENTITY STATUTORILY ENTITLED TO  NOTICE
PURSUANT TO THIS ARTICLE.
  S 2. This act shall take effect immediately.


 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD02632-07-8

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