Bill Text: NY S05729 | 2019-2020 | General Assembly | Introduced


Bill Title: Relates to electronic signatures and salvage title.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced - Dead) 2020-01-08 - REFERRED TO JUDICIARY [S05729 Detail]

Download: New_York-2019-S05729-Introduced.html



                STATE OF NEW YORK
        ________________________________________________________________________

                                          5729

                               2019-2020 Regular Sessions

                    IN SENATE

                                      May 13, 2019
                                       ___________

        Introduced  by  Sen. BRESLIN -- read twice and ordered printed, and when
          printed to be committed to the Committee on Judiciary

        AN ACT to amend the general obligations law  and  the  state  technology
          law, in relation to electronic signatures and salvage title

          The  People of the State of New York, represented in Senate and Assem-
        bly, do enact as follows:

     1    Section 1. Section 5-1501B of the general obligations law  is  amended
     2  by adding a new subdivision 5 to read as follows:
     3    5. Nothing in this title shall prohibit the execution of a valid power
     4  of  attorney  for  the  purpose of transferring a salvage certificate of
     5  title and the execution of an odometer and damage  disclosure  statement
     6  in  connection  with  such title by electronic means pursuant to article
     7  three of the state technology law.
     8    § 2. Subdivision 1 of section 307 of  the  state  technology  law,  as
     9  amended  by  chapter  158  of  the  laws  of 2012, is amended to read as
    10  follows:
    11    1. To any document providing for the disposition  of  an  individual's
    12  person or property upon death or incompetence, or appointing a fiduciary
    13  of  an  individual's  person or property, including, without limitation,
    14  wills, trusts, decisions consenting to orders not to resuscitate, powers
    15  of attorney and health care proxies, with the exception of: (a) contrac-
    16  tual beneficiary designations; [and] (b)  the  registration  of  making,
    17  amending,  or  revoking  an  anatomical  gift  under section forty-three
    18  hundred ten of the public  health  law;  and  (c)  whenever  a  loss  in
    19  connection with a private automobile is determined by an insurer to be a
    20  total  loss or constructive total loss under section thirty-four hundred
    21  twelve of the insurance law, for the purpose of transferring  a  salvage
    22  certificate  of  title  and  the execution of an odometer and disclosure
    23  statement in connection with such title, the electronic execution  of  a
    24  power  of  attorney  shall  be  permissible  provided  that signature is
    25  authenticated.
    26    § 3. This act shall take effect immediately.

         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD11522-01-9
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