NY A10795 | 2019-2020 | General Assembly
Status
Spectrum: Partisan Bill (Democrat 26-1)
Status: Introduced on July 10 2020 - 25% progression, died in committee
Action: 2020-07-10 - referred to judiciary
Pending: Assembly Judiciary Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on July 10 2020 - 25% progression, died in committee
Action: 2020-07-10 - referred to judiciary
Pending: Assembly Judiciary Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Enacts the "consumer credit fairness act"; establishes a 3 year statute of limitations for commencement of a cause of action arising out of a consumer credit transaction where the defendant is a purchaser, borrower or debtor; establishes a notice of lawsuit which must be mailed to the defendant in such a cause of action; establishes certain requirements for the complaint in such an action; provides for arbitration of such actions.
Title
Enacts the "consumer credit fairness act"; establishes a 3 year statute of limitations for commencement of a cause of action arising out of a consumer credit transaction where the defendant is a purchaser, borrower or debtor; establishes a notice of lawsuit which must be mailed to the defendant in such a cause of action; establishes certain requirements for the complaint in such an action; provides for arbitration of such actions.
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2020-07-10 | Assembly | referred to judiciary |
Same As/Similar To
S04827 (Same As) 2020-07-22 - PRINT NUMBER 4827E
A06909 (Same As) 2020-07-23 - amended on third reading 6909e
A06909 (Same As) 2020-07-23 - amended on third reading 6909e
