Bill Text: NY S05693 | 2015-2016 | General Assembly | Introduced
Bill Title: Relates to unfair practices by franchisors.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2016-01-06 - REFERRED TO TRANSPORTATION [S05693 Detail]
Download: New_York-2015-S05693-Introduced.html
S T A T E O F N E W Y O R K
________________________________________________________________________
5693
2015-2016 Regular Sessions
I N S E N A T E
May 28, 2015
___________
Introduced by Sen. ROBACH -- read twice and ordered printed, and when
printed to be committed to the Committee on Transportation
AN ACT to amend the vehicle and traffic law, in relation to unfair prac-
tices by franchisors
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:
1 Section 1. Clause (B) of subparagraph 4 of paragraph (e) of subdivi-
2 sion 1 of section 463 of the vehicle and traffic law, as added by chap-
3 ter 26 of the laws of 2014, is amended to read as follows:
4 (B) requiring that [a dealer that sells] an extended service contract,
5 extended maintenance plan, or similar product SOLD BY A DEALER that is
6 not offered, endorsed or sponsored by the franchisor, [disclose to the
7 consumer] CONTAINS the disclosures required under section seven thousand
8 nine hundred five of the insurance law, and [a separate statement,
9 acknowledged by the consumer, that] A CLEAR AND CONSPICUOUS DISCLOSURE
10 REGARDING THE IDENTITY OF THE PERSON THAT IS OBLIGATED TO PERFORM UNDER
11 the extended service contract, extended maintenance plan or similar
12 product [is not offered, endorsed or sponsored by the franchisor, if
13 that is the case].
14 S 2. This act shall take effect immediately.
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD10291-03-5
