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NY A09544

Bill

Official Source

Status

Engrossed

6/15/2016

Primary Sponsor

Jeffrey Dinowitz

Click for details

Origin

Assembly

2015-2016 General Assembly

AI Summary

  • Amends General Business Law Section 399-c to require mandatory arbitration clauses in consumer contracts to be printed in large font format
  • Defines "large print format" as a printed font size of sixteen points or larger
  • Applies to written contracts for the sale or purchase of consumer goods entered into on or after the bill's effective date
  • Defines "consumer" as a natural person residing in New York State
  • Defines "mandatory arbitration clause" as contract language requiring parties to submit disputes to arbitration before legal action, with arbitrator decisions being final and not subject to court review

Legislative Description

Requires mandatory arbitration clauses in certain consumer contracts to be printed in large font type.

Last Action

REFERRED TO RULES

6/15/2016

Committee Referrals

Rules6/15/2016
Codes5/10/2016
Consumer Affairs and Protection3/16/2016

Full Bill Text

No bill text available