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NY S02443
Bill
Status
Engrossed
6/18/2013
Primary Sponsor
Michael Ranzenhofer
Click for details
AI Summary
- Amends General Obligations Law Section 5-903 to add new provisions regarding automatic renewal of electronic and life safety alarm service contracts
- Payment of an invoice after contract expiration is considered acknowledgment that the customer agrees to extend or renew the contract for the original term or one additional year, whichever is less
- The invoice must clearly indicate that payment constitutes an extension or renewal and must provide the terms of such extension or renewal
- Takes effect 90 days after becoming law
Legislative Description
Permits automatic renewal of contracts for electronic and life safety alarm services.
Last Action
referred to judiciary
6/18/2014
Committee Referrals
Rules6/18/2014
Judiciary1/8/2014
Rules6/18/2013
Judiciary1/17/2013
Full Bill Text
No bill text available