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Assembly Bill A118

2023-2024 Legislative Session

Provides that limited liability for persons held jointly liable shall not apply to parties held liable for failing to provide reasonable security

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Archive: Last Bill Status - On Floor Calendar

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2023-A118 (ACTIVE) - Details

See Senate Version of this Bill:
S1796
Law Section:
Civil Practice Law and Rules
Laws Affected:
Amd §1602, CPLR
Versions Introduced in Other Legislative Sessions:
2009-2010: A8644, S7673
2011-2012: A335, S127
2013-2014: A411, S81
2015-2016: A1735, S1264
2017-2018: A2088, S480
2019-2020: A361, S482
2021-2022: A172, S354
2025-2026: A345, S3160

2023-A118 (ACTIVE) - Summary

Provides that limited liability for persons held jointly liable shall not apply to parties held liable for failing to provide reasonable security or failing to provide security required by federal, state or local law, rules or regulations.

2023-A118 (ACTIVE) - Bill Text download pdf 

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                    118
 
                        2023-2024 Regular Sessions
 
                           I N  A S S E M B L Y
 
                                (PREFILED)
 
                              January 4, 2023
                                ___________
 
 Introduced  by  M.  of  A. PAULIN, L. ROSENTHAL, COLTON -- read once and
   referred to the Committee on Judiciary
 
 AN ACT to amend the civil practice law and rules, in relation to limited
   liability of persons jointly liable

   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section 1. Section 1602 of the civil practice law and rules is amended
 by adding a new subdivision 15 to read as follows:
   15. NOT APPLY TO ANY PERSON WHO OWNS, MANAGES, AND/OR CONTROLS PROPER-
 TY  WHO  IS  HELD  LIABLE FOR FAILING TO PROVIDE SECURITY AS REQUIRED BY
 LAW, RULE OR REGULATION.
   § 2. This act shall take effect immediately and shall apply to  causes
 of action commenced or pending on or after such date.
 
 
 
 
 
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD02074-01-3

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