NY A00633 | 2011-2012 | General Assembly

Status

Spectrum: Partisan Bill (Democrat 27-0)
Status: Introduced on January 5 2011 - 25% progression, died in chamber
Action: 2012-05-24 - advanced to third reading cal.617
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.

Tracking Information

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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

DateChamberAction
2012-05-24Assemblyadvanced to third reading cal.617
2012-05-22Assemblyreported
2012-01-12Assemblyprint number 633a
2012-01-12Assemblyamend and recommit to judiciary
2012-01-04Assemblyreferred to judiciary
2011-04-28Assemblyadvanced to third reading cal.190
2011-04-12Assemblyreported
2011-01-05Assemblyreferred to judiciary

Same As/Similar To

S00677 (Same As) 2012-02-06 - AMENDED BY RESTORING TO PREVIOUS PRINT 677A

New York State Sources


Bill Comments

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