Comments: NY S05209 | 2011-2012 | General Assembly

Bill Title: Relates to retail instalment contracts and transmitters of money; makes clear that the term "retail instalment obligation" includes an agreement no matter where entered into if it is executed by the buyer in this State and if solicited in person by a salesperson or other person acting on his or her own behalf or that of the seller; clarifies when banking institutions are exempt from coverage of the article and when New York persons are subject to the protections of this article.

Spectrum: Partisan Bill (Republican 2-0)

Status: (Engrossed - Dead) 2012-01-19 - referred to banks [S05209 Detail]

Text: Latest bill text (Introduced) [HTML]

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